Our Audit Model

 


Our Audit Model

Elements of Audit

  1. Select Parameters as close as possible to the focus areas as identified in scope
  2. Limit number of parameters – preferably 1
  3. Define Parameters
  4. Design Measurement System
  5. Sample calculation
  6. Communicate
  7. Determine Base Value
  8. Track Parameter
  9. Sign of Target Value linked to realistic quantifiable expectations
  10. Record Achieved Value
  11. Calculate Consultant Payment at end of each month
  12. Give Draft
  13. Handle Differences
  14. Fool-proof the process for side effects and the effect of variables not being monitored
  15. Eliminate Risk due to other random events and variations in parameter not under focus
  16. Effect of Uncontrollable