UNDERSTANDING THE AGENCY

Agency: Prepared by: _______________ Date: _________

Audit Period: Reviewed by: _______________ Date: _________
Approved by: _______________ Date: _________

AGENCY PROFILE

A. Mandate

1|Page
B. Function/Processes/Operations

Functions:

2|Page
Processes:

Operations:

3|Page
C. Structure

4|Page
D. Management

5|Page
 E. Objectives and Strategies

Objectives Strategies

1)

F. Stakeholders

The following are the stakeholders:

Members
Borrowers
Developers
Creditors
Investors Foreign and Domestic
Government Housing and Land Use Regulatory Board (HLURB)

G. Key Environmental Factors

Political Environment
Social Environment
Legal and Regulatory Environment

Technological Environment

H. Key Performance Indicators

6|Page
 I. Existing Accounting Policy

J. Previous Audit Findings

K. Recent Development/News

Recent Developments/ News Impact on the Agency

L. Analytical Review

Financial

Variance
Financial Statement Accounts Current Prior Remarks
Amount %

Balance Sheet Accounts

7|Page
Income Statement Accounts

Performance

Variance
Performance Indicators Actual Budget/ Target Remarks
Amount %

8|Page
9|Page
M. PROGRAM REVIEW

a. Program/Project Details

Program/
Project:
Objectives:
Total
Budget:
Duration:
Project
Overview:

Program/
Project:
Objectives:
Total
Budget:
Duration:
Project
Overview:

10 | P a g e
 Variance
Current Prior Rema
Financial Statement Accounts
Amount %

N. UTA Summary

Identified Agency Risk Impact on the

UTA Ref.
Risk Title Risk Statement Agency

11 | P a g e
 Identified Agency Risk Impact on the
UTA Ref.
Risk Title Risk Statement Agency

i.

12 | P a g e