|1. Audit Objective is the defined purpose or aim of an audit process or activity.
PCDA Cycle Applied to BCMS Processess
Notes (1): Objectives are usually expressed as measurable targets.
Notes (2): The term Objective is also informally used to mean a Requirement.
Notes (3): In obtaining evidence in support of an assertions, the auditor develops specific audit objectives in light of those assertions. For example, an objective related to the completeness assertion for inventory balances is that inventory quantities include all products, materials, and supplies on hand.
Related Terms: Requirement; Audit Evidence; Audit Criteria