Review Questions
- Discuss four legal provisions of audit under Public Procurement and Asset Disposal Act (PPADA 2015)
- List four persons who cannot be appointed as an auditor
- Discuss reasons why an auditor might be asked to step down
- Outline five rights of auditors
- Discuss five duties of an auditor
- Explain the procedures that a proposed auditor must undertake before accepting nomination
- Discuss the role of international standards in procurement audit
- Discuss the role of international standards in procurement risk management
- Discuss five Sources of knowledge of the clients that the procurement auditor would use when conducting audit
- Discuss the importance of the procurement auditor understanding the business and using this information appropriately
- Explain five key considerations that a procurement audit would take into account before accepting procurement audit task
- Discuss the fundamental principles of procurement auditing
- A procurement auditor must not only be independent, but must be seen to be
- Comment on that statement
- Explain the importance of procurement auditor being independent
- Discuss the five threats a procurement auditor faces in the process of being
- Identify five ways to a procurement auditor may safeguard his independence
- Discuss the importance of audit engagement letter
- Mention five principal contents of an engagement letter
