Corporate Compliance

Tip: Formal vs. informal audits

Healthcare Auditing Weekly, September 18, 2007

Formal reviews and audits involve carefully selected areas, outcomes, and samples. Informal reviews and audits are generally much smaller and performed on an ad hoc basis.

Design the audit to meet the objectives of the review. You may have to design the audit to test or examine a process as well as the end result of the process.

Consider the following as you design your audit:

  • Which guidelines and/or standards you will use for comparative purposes
  • Which computer and other automated data you will use
  • How you will determine the size of the sample to be taken and/or developed
  • How you will select and/or develop the sample
  • The process and techniques you will use

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