If you are a small business auditor, it will be essential for you to learn about the different sample audits that you can follow along with your compliance program manual. These samples can be found in different places, which include auditors’ websites or even within the compliance program manual itself. So, what do these samples really provide you with?
For one, these samples can help you learn about how to properly perform your own social compliance strategy audit. In doing this, you get to see what the various aspects are when it comes to your SM ERP system and how these aspects can work as they should in your business. For one, there are some questions that you might be asked by your SM ERP system and these questions will help you gauge if the current SM ERP system is working according to its potential. With the help of a SM ERP audit, you can find out what the major problems are that you need to fix. However, you still need to have an accurate social compliance strategy implemented if you would like to achieve the desired results from your SM ERP audit.
Another important area that an effective social compliance strategy audit will cover is the areas that need to be improved in the SM ERP system. Some of the most common areas that a good SM ERP audit will cover processes that lead to compliance standards, processes that bring out the true value of your SM ERP, risks that can cause severe issues, and other areas that have to do with overall performance of your system. These parts of the entire audit are very important because they help you find out what the major problems are inside your organization and what you can do to resolve them.
Finally, your SM ERP audit should have a look at the reports that your company would need to produce on a regular basis. This is necessary so you can determine which reports need to be updated and which ones should be discarded. It is also a great way to check whether your ERP has any errors. These errors can potentially cost your company thousands of dollars. Therefore, you really need to check all these areas at least once every year.
Now let’s take a look at what a typical SM ERP audit might look like. You start by having a look at the most general of the SM ERP reports. The first one is usually the “Summary of Compliance Effects”. Here you should be looking for all the details that your company needs to fulfill the standards set for compliance. This includes: all the checks that your employees make according to the law, the procedures that they use when doing checks, and the reports that they would submit to the management and to the vendor if they find a discrepancy.
Next you will see a section that will have a list of the most severe issues that you need to resolve. This might include anything from data manipulation to accounting irregularities. Depending on the size of your company, you will most likely have to go through more than one SM ERP report in order to resolve the most severe issues.
After the second part of the SM ERP report, you will see the next set of reports. They are normally quite detailed, depending on the company, and you will need to focus on them very carefully. For example, in order to determine the impact on sales, you will have to analyze the impact on customer satisfaction. According to the law, companies have to show how they have helped improve the company’s efficiency. This report will list out all the improvements that have been made since the implementation of the ERP.
Finally, after the third and final part, you will receive a summary of the audit. This will list down the recommendations that the auditor had made. If the audit was successful, then you just need to follow the recommendations. However, if it was a failed attempt, you will have to know what went wrong and what needs to be done in order to make the success a certainty.