Describe the six-step process of conducting an ethics audit in detail.

1. Requesting Financial Documents.

2. Preparing an Audit Plan.

3. Scheduling an Open Meeting.

4. Conducting Onsite Fieldwork.

5. Drafting a Report.

6. Setting Up a Closing Meeting.

Explanation:

1. Requesting Financial Documents

the organisation should be notified about an upcoming audit, with the auditor requesting for documents listed on his audit checklist. This documents usually include copies of previous audit report carried out, bank statements, reciepts and ledgers.

2. Preparing an Audit Plan

the auditor uses the information contained in the documents provided for him to plan or map out how the audit would be conducted.

3. Scheduling an Open Meeting

the auditor is invited to a meeting with the admintrative staffs, and senior management to present his scope of the audit. This helps determine the time interval for the audit.

4. Conducting Onsite Fieldwork

the auditor uses information gotten from the open meeting to finalize or conclude his audit plans. After which a field work is conducted.

5. Drafting a Report

the auditor prepares a report show full details of his findings of the audit conducted.

6. Setting Up a Closing Meeting

the clos meeting helps the auditor get a feedback from the managemen, whinch indicates the managements approval or disapproval with problems presented in the audit report.

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