Corporate Compliance

Four steps to develop an audit plan

Healthcare Auditing Weekly, August 9, 2005

Planning and audit is much like setting up a formal research study. Take these steps to develop an audit plan for your organization:

1. Establish an objective. The objective of an audit may be posed as a hypothesis or a research question. The internal audit would then aim to find out whether the hypothesis could be proven or to answer the question.

    2. Identify and select data sources. Establish a precise means to collect and analyze data.

      3. Develop a sampling plan. The sample should indicate how many pieces of data, from whom, and around which parameters the data are to be collected, and should be statistically valid and reliable.

        4. Design a data collection instrument. Running a drill in a simulated environment to verify employee training is an example of a data collection tool.

          Look for next week's issue when we go over other audit tools, such as focus groups and questionnaires.

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