AUDIT TEST SUMMARY

Agency: Prepared:
Date
Audit Period: Reviewed:
Date
Approved:
Date

Significant Account: Audit Risk

Assessment Minimal Moderate
Account Balance: Low High

Part I: TEST OF CONTROLS

Note: TOC is not performed if audit risk assessment is High or Moderate since our
preliminary
assessment of Control Risk is High - Not Rely on Controls

Process:
Controls to be Tested:

Person/s Assigned:
Due Date: _
TOC Working Paper Reference:
Summary of Test Results
Conclus ion Final Assessment of Control Risk

Low - Rely on Controls

(Controls are operating effectively)

High - Not Rely

(Controls are not operating effectively)

Re-assess audit risk

Moderate

High

Part II: SUBSTANTIVE TEST

Extent of Testing ST Work Program Reference
Extensive (For Moderate or High)

Less Extensive (For Minimal or Low)

Summary of Test Results

Conclusion