Peer review is the process which covers verification of proper existence of all the audit related documents like Audit plan,the documents received from the auditee, all observations and related files thereon and the audit report etc.
It is performed on a timely basis, It may be conducted:
> After completion of audit.
> It may be performed time to time between the starting and closure of audit.
> May be conducted on a Daily/ Weekly/ monthly / Quarterly Half yearly basis.
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Comments
Ayush Anand
22-Dec-2011 , 02:02:57 amPeer review is the process which covers verification of proper existence of all the audit related documents like Audit plan,the documents received from the auditee, all observations and related files thereon and the audit report etc. It is performed on a timely basis, It may be conducted: > After completion of audit. > It may be performed time to time between the starting and closure of audit. > May be conducted on a Daily/ Weekly/ monthly / Quarterly Half yearly basis.