Specifications include, but are not limited to: 1. Audit Plan: A detailed audit plan outlining the approach, scope, objectives, and methodologies to be used during the audit. 2. Final Audit Report: A comprehensive final audit report that includes the following: a. Executive Summary: An executive summary providing a concise overview of the audit, key findings, and recommendations. b. Introduction: An introduction to the audit, its purpose, and scope. c. Methodology: A description of the audit methodology, including sampling methods and data analysis techniques used. d. Findings: Detailed findings, including any internal control weaknesses, compliance issues, efficiency concerns, and potential irregularities identified during the audit. Findings shall include all of the following attributes: condition, criteria, and effect. e. Recommendations: Specific recommendations for addressing the identified issues and improving the accounts payable process. f. Management Response: A section for NDDOT to provide its response to the findings and recommendations, indicating actions taken or planned. g. Conclusion: A summary conclusion of the audit, highlighting the overall effectiveness and compliance of the accounts payable process.
