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A publishing & interactive-learning property · Philadelphia · est. 2019
Signify PlaygroundDrillInternal Audit · Scoping7 minLevel 3
DrillScoping · Internal Audit

Scope the Audit

Thirteen candidate objectives for one procure-to-pay audit. The trap is the question that matters most and that you cannot conclude on — it gets in, and the budget leaves with it.

~7 min · Scored · Per-item recap · No sign-up

1. Whether vendor master-data changes are made only by authorised staff, on an audit of procure-to-pay.

2. Whether the three-way match is configured correctly in the ERP — which second line tested last quarter and IA reviewed their work.

3. Whether procurement decisions represent value for money.

4. Select twenty-five purchase orders and agree them to approvals.

5. Whether purchase orders raised after the invoice date are investigated.

6. Whether the new supplier onboarding portal is secure, on a procurement process audit with no IT auditor on the team.

7. Walk through the purchase requisition screen with the system owner.

8. Test whether all suppliers have a signed contract on file.

9. Whether last year's procurement findings have been implemented.

10. Whether the procurement team is adequately resourced.

11. Whether emergency single-source awards were justified and approved after the fact.

12. Whether the procurement policy reflects current group standards — group compliance ran a conformance review across every function three months ago and IA reviewed their work.

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Educational. Scoping conventions vary by methodology; what transfers is writing the objective before the procedure, and refusing the question you cannot answer however much it deserves answering.