AUDIT

Audit or investigation in a broad sense meaningful evaluation of an organization, system, process, or product. Audit conducted by the relevant competent, objective, and impartial, called auditors. The aim is to verify that the subject of the audit has been completed or running in accordance with the standards, regulations, and practices that have been approved and accepted.

Financial audit is the audit of financial statements of companies or organizations that will result in third-party opinion about the relevance, accuracy, and completeness of the reports.

Financial audits are generally conducted by a firm or independent public accountants who have to follow accounting principles generally accepted. Many companies employ an internal auditor who focuses on monitoring the implementation and operation of the company to ensure compliance with organizational policies.

Operational Audit is a review of every part of the organizational standard operating procedures and methods applied to an organization with the aim to evaluate the efficiency, effectiveness, and economy (3E).

Compliance Audit is a work process that determines whether the party being audited has followed the procedures, standards, and certain rules set by the authorities.

Investigative Audit is: 1. "A series of activities to recognize (Recognize), identify (identify), and test (Examine) in detail the information and facts available to uncover the truth in order of proof to support the legal process for alleged financial irregularities that can harm an entity (company / organization / country / region). " 2. "A search for the truth, is in the interest of justice and in accordance with specification of law" (in common law countries)

So, audit is a series of activities covering:

1. The process of evidence collection and evaluation
2. Information that can be measured. Evaluated the information is information that can be measured. Things that are qualitative in nature should be grouped in a group of measurable, so it can be assessed according to the size that is clear, for instance Excellent, Good, Fair, Poor Good, and Not Good to the size of clear criteria.
3. Economic entity. To affirm that the audited entity that is, either the Company, Division, or the other.
4. Done by someone (or several people) who are competent and independent-called Auditor.
5. Determining the suitability of the information with the criteria of irregularities were found. The determination must be based on a clear size. That is, by what criteria it is said to be deviant.
6. Reported results. The report contains information about the suitability of the information that is tested and the criteria, or incompatibility information that was tested with the criteria and show evidence of such inconsistency.

sumber dari : http://id.wikipedia.org/wiki/Audit