Audit Plan and Reports
The County Auditor’s Annual Audit Plan is formed using a risk-based approach.
In forming the risk-based plan, the Auditor’s office includes the participation of elected officials, department heads, and county staff.
Our goal is to accomplish audits in a timely manner that will:
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Enhance and protect organizational value of the County of Will by providing risk-based objective assurance, advice, and insight
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Reduce risk to the County
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Enhance the efficiency, economy and effectiveness of Will County government
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Add value and accountability to the County
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The approach in developing an annual audit plan recognizes the fact that audit resources of personnel and dollars are limited, thus prohibiting one hundred percent audit coverage each year. This constraining factor is the basis and reason for developing a plan based on risk assessment. The Auditor’s office uses the plan to prioritize audits.
The County Auditor accomplishes its mission by maintaining integrity, objectivity, and competence to (a) bring a systematic, disciplined approach to assist the County of Will's management in the effective discharge of its responsibilities to establish an appropriate control environment with regards to of the operations, financial systems, information technology and internal accounting controls and (b) provide objective and independent information on the effectiveness and the adequacy of internal controls and governance processes.
Will County Audit Approach and Professional Guidance
The audit approach is based on
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Ongoing review of key processes
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Risk levels
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Professional auditing standards