First of all, audit technique is defined as ant technique used by auditors to determine deviations from actual accounting and controls. Auditing techniques can be used to uncover these issues in order to ensure ethical business practices. They are tools, methods or processes by means of which an auditor collects necessary evidence to support his opinion in respect of the assertions submitted by the client to him for his examination. the audit procedures are ways of applying techniques to a particular phase of an audit. Generally, the attainment of the audit objectives required the collection of the evidence to support a decision.
Let me show some of the important techniques of audit. Firstly the techniques of audit is Examination of Record. This technique is commonly used by the auditors. The inspection of books and documents is made to verify the validity of data. Secondly, Inquiry is also the techniques of audit. The auditor can also use the technique of inquiry. He can get the information from resource persons inside or outside the enterprise. Furthermore, to check the sum of the accuracy of accounting record, the balancing accounts can be compared with the vouchers to test the reliability of data and this technique is called as Compliance. Besides that, one of the techniques is confirmation. This technique is to ensure the accuracy of the data. The auditor can collect the information from the debtor. Confirmation is a response to an inquiry to prove certain data recorded in the books. After the techniques of compliance and there is another technique called compliance test. These tests are designed to check the effectiveness and compliance of internal control. In obtaining the audit evidence, auditor is concerned with the existence of effective internal control.
In addition, there are the large number of audit techniques like audit software, test packs and mapping which can be used by the auditor to test the accuracy of the data and the technique is called as Use of Computer Techniques. Therefore, the techniques of sampling are about the auditor can select few items from whole accounting information. This technique enables the auditor to obtain and evaluation the evidence of some characteristics of the whole class. It is helpful in forming the conclusion. Last but not least, the last techniques is Analytical Review. It consists of studying significant ratios, trends and investigating different changes. This review procedure is based on the expectations of the relationship among the past and present data.
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