Question

Respond to the following in a minimum of 175 words:

Organizations contract or hire individuals with specific skills to conduct internal audits. This is done to ensure their organizations are following their documented policies, procedures, and processes. In addition, federal mandates placed on organizations require continuous audits, leading organizations to contract outside auditors to work with their internal auditors and determine the health of the organization.

Identify the internal and external processes used by auditors for the organization you chose in Week 1.

cleveland clinic

Answer 1

solution:

Solution for the problem is provided below, please comment if any doubts:

The auditors are responsible to assess the working of the organization to find the performance, legal and management risks associated with the working of the organization. The organizations use both internal audits and external audits to perform the audits effectively based on the demand and requirements. The auditors follows some common procedure at the time of audit that involves both external and internal processes with respect to the organization. Here we chosen a healthcare organization as a domain to study.

Internal process used by auditors in a health care organization:

• Gather the information on operation of the organization.
  • Here the functioning of the organization details are collected and subject to various analysis and studies.
• Asses the risks associated with the controls of the organization.
  • The various controlling measures are undergoes study to detect the potential threats and risks that may faces in future.
• Check the compliance with the various healthcare legal measures such as HIPAA.
  • The violation of government regulations and rules can be leads to legal liabilities, thus need to check the functioning of the company and its compliance with the government regulations.
• Verify the analysis report and provide the recommendations:
  • The audit reports may find some flaws in functioning of the organization or performance loopholes. Various recommendations are prepared to implement in the organization to improve its functioning.
• Provide some insights about the functioning of the organization to achieve the recommendations:
  • The recommendations are needed to be implanted, some insights are given to the implementation of the recommendations.

External process used by auditors in a health care organization:

• Take the inputs from the stakeholders of the organization:
  • The functioning of the organization with the stakeholders like patients, medicine companies, government agencies, etc.
• Check the government policy compliance with the government agencies and stakeholders:
• Publish the report to the stakeholders.

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