Question: what are the steps for auditing?
Answer: Step 1: Define Audit Objectives. ...  Step 2: Audit Announcement. ...  Step 3: Audit Entrance Meeting. ...  Step 4: Fieldwork. ...  Risk Issue Levels: During the course of audit work performed, identified risks are rated as High, Moderate or Low. ...  Step 5: Reviewing and Communicating Results. ...  Step 6: Audit Exit Meeting. ...  Step 7: Audit Report.