audit committees, through their planning, reviewing, and monitoring activities, can recognize potential problem areas and take corrective action before problems that affect companies' financial statements and other financial disclosures arise.
A concurrent safety audit is a safety audit performed at the same time as some other activity, often a financial audit.
Ares did not have specific duties or tasks.
some granting agencies do not receive as much information about their grant programs as when separate grant audits are performed. As a result, some granting agencies require audit work that goes beyond the single audit requirement;
slaves perform many tasks such as dusting, floor cleaning, washing clothes etc.
small group to help larger committees complete tasks (A+)
The two pieces of legislation that have probably had the greatest effect on internal audit are the Foreign Corrupt Practices Act of 1977, which changed the reporting relationships and authority of internal audit and Sarbanes Oxley Act of 2002 which requires certain tests be performed on publicly traded companies. Both have changed the function of internal audit. Many other pieces of legislation also affect internal audit, some are industry specific some are more broad based.
Audit is not necessary for all companies, in some countries the small companies are exempt from audit.
An audit is considered a risk assessment, therefore these terms are interchangeable. And audit plan can have various meanings, some consider this to be an annual audit plan which includes all the audits that will occur within a companies calendar year. Others consider this to be the plan for undertaking a specific audit. Its all in how you define the words, audit plan, audit schedule, audit check list.
In some cases the night staff in a care setting can conduct the monthly audit, but in some cases they may only be allowed to audit the night portion.
In a care setting it is usually faculty that does the not night audit, but in some cases the night staff does perform the monthly audit.
Safety audits come in many different styles and are implemented in different ways. There is no one way to carry out a safety audit. First you need to decide whether the audit is routine, performed every day/week/month, etc. Such routine audits are usually performed by one or more people residing at the audited location and are a matter of walking around, looking at some or all aspects of all or a part of the location, noting finding (positive and negative) and arranging follow-up actions to make needed correction or recognize improvements or actions taken beyond basic requirements. For less frequent audits conducted by visitors, the process will differ depending on whether it is a surprise audit or is scheduled in advance with the management of the location. Further the process will differ if the audit is a compliance audit or is looking beyond minimal compliance. Most audits also establish a scope and areas of focus and these choices will also impact how the audit is performed.
In most cases there is no real difference between a safety inspection and a safety audit. Some companies may choose to use the terms to describe different activity levels. For example, an inspection might be performed each week by a local supervisor, while an audit might be done once a year by a team from corporate management, or vice versa.