ORS Audit Department Work Paper Preparation and Work Paper Review Process Standardization
Authors
Sullivan, Daniel
South Carolina Certified Public Manager Program
Keywords
South Carolina Office of Regulatory Staff. Audit Department
Abstract
One essential function of the South Carolina Office of Regulatory Staff's Audit Department is to ensure that utilities file accurate and properly supported rate case applications. Without audit department review, utilities could purposely misstate financial information on rate case applications to obtain higher rates, more profit and more return for their shareholders, while unduly penalizing rate payers. Currently within the audit department, there are four audit manager's whose teams are completing audits, preparing work papers, and reviewing audit work papers differently. Managers and staff are following their own individual established processes, preparation and documentation standards. The purpose of this project is to investigate work paper preparation techniques, standards, practices, etc. with the goal of standardizing the audit department's audit processes, work paper preparation and work paper review processes. Standardization will assist
in eliminating any discrepancies between managers and staff in the way audits are conducted and documented.
Description
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Issue Date
2010-02-03
Contributor
Date Accessioned
2015-10-21T15:25:31Z
Date Available
2015-10-21T15:25:31Z
Item Format
application/pdf
Media Type
Document
Item Language
English
Publisher
South Carolina State Library
Digital Collection
South Carolina State Documents Depository
Rights
Copyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
Type
Text
Digitization Specifications
300ppi, Canon imageFORMULA DR-9050C scanner with CapturePerfect 3, archival and online file is PDF/A-1b.