Follow the procedures of auditing Adequate assists companies in, in addition to properly evaluating their financial situation, to avoid tax problems. A auditing operational and compliance are two types of auditing that companies use to increase productivity and correctly plan their future.
A auditing operational determines the operational efficiency of a company and can both evaluate the organization as a whole and just one of its departments. A auditing operational examines, for example, factors such as purchasing, data systems, and logistics. Basically, it is an examination and evaluation of specific activities and how they contribute to the overall growth of a company. Overall, operational auditing is responsible for determining whether appropriate internal operational and financial controls are implemented and functioning properly in all operating units of the company.
Do you want the objectives of a auditing operational, whether focused on efficiency or effectiveness, they will only be achieved with the application of some type of process improvement. The successful fulfillment of the objectives of a auditing operational requires some form of process improvement. So, one of the first steps in a auditing operational is to identify the processes that are being reviewed.
Already the auditing of compliance or compliance, differs from auditing operational. It is used to determine if a company is following internal controls and guidelines, such as corporate statutes, policies, and procedures, that is, whether or not it complied with the laws and regulations required in the sector. This type of auditing it is especially important in sectors where activities are regulated and is essential for companies to identify compliances and non-compliances, evaluating the applicable legislation of the sector and understanding the risks in the event of non-compliance.
So much a auditing operational and compliance are generally conducted by an internal auditing team and management teams are primarily involved. They are often performed in parallel with auditing financial, which serve to ensure that the company's financial statements are correct, since they can also affect the company's operations, since many activities depend on expenses and revenue-generating activities.
The purpose of each auditing is to provide a service that will identify opportunities to improve control processes and introduce efficiency in operations, becoming an essential activity, especially for small business owners.
There are also ethical components in auditing operational and compliance. Both types of auditing offer management the opportunity to guarantee the good image of their company. A auditing operational ensures that resources are being used wisely, but it also takes into account state and federal laws, ensuring that the workforce is being maximized for efficiency and profit, but without illegal resources.
A auditing operational may reveal several compliance issues and may initiate a demand for auditing of compliance, which has an inherent ethical dimension and is designed to ensure that companies operate in accordance with the law.
Contact TATICCA — ALLINIAL GLOBAL, which provides integrated auditing services, internal auditing, accounting, taxes, corporate finance, financial advisory, risk advisory, technology, business consulting and training, for more information, at www.taticca.com.br or e-mail taticca@taticca.com.br and learn more. Our company has certified methodologies for carrying out activities.
