Question

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فقرة شرائح Business Objectives Audit Engagement Objectives Grow the organization's market share by acquiring complemen > tary businesses It helps an organization accomplish its objectives (3 of 3) Strategic Ensure that the information management ses to decide whether to acquire Company X is accurate, complete, and valid Operations Ship all orders no later than 48 hours after receiving the orders. Determine whether orders are in fact, being shipped within 48 hours of receipt. • Business objectives: foundation for defining internal audit objectives (what the IA wants to achieve). BUSINESS OBJECTIVES Reporting Record only valid sales transactions Verify the design adequacy and operating effectiveness of control activities put in place to ensure that recorded sales actu- ally occurred in other words, recorded sales reflect the transfer of ownership on goods shipped to customers) Compliance Comply with Occupational Safety and Health Administration (OSHA) regulations Determine that policies and procedures established to ensure compliance with OSHA regulations are well understood, documented. and communicated : التعليقاته ملاحظات الإنجليزية (الولايات المتحدة الأمريكية) ENG

Answer 1

Audit Engagement objectives Business objectives foundation for do fining Internal Audit objectives. are Business objectives that The Ensure want's to uses The organization market whether expand geographically, are adequate Strategic information decide There and sufficient maskon ating and distribution facilities, Storage fachities (or) Acquiring regional Companies 021 Decision OBJECTIVES tions operations maintain free flow of Business ope oration positive working capital and liquidity with BUSINESS Determine whether due The receipts received in time and payments paid and at all times the Current Assets enceeds the current liablities and Inventory is arailable for day to day operations. whether verity The Accounting Systems and proper segregation of duties is there and bureoday Recording of all monetary transactions as and when occured purchase, Sale disposal Verify The design, be may or transfer, expense, Income) Implementation and mainte -nance of control Activities

Business objectives Compliance with prevention, prohib ibition and Sexual ensure ACT with women Compliance Redressal of harrassment of workplace at Audit engagement Objectives Determine that principles and policies, procedures established Compliance regulating Compliance prevention, prohibition and redressal of Senual harrassment of workplace The regulations understood documented and Communicated with at women and all are