Design elements - Audit flowchart

The vector stencils library "Audit flowcharts" contains 31 symbols of audit flow chart diagrams for accounting, financial management, fiscal information tracking, money management, decision flowcharts, and financial inventories.
"A financial audit, or more accurately, an audit of financial statements, is the verification of the financial statements of a legal entity, with a view to express an audit opinion. The audit opinion is intended to provide reasonable assurance, but not absolute assurance, that the financial statements are presented fairly, in all material respects, and/ or give a true and fair view in accordance with the financial reporting framework. The purpose of an audit is to provide an objective independent examination of the financial statements, which increases the value and credibility of the financial statements produced by management, thus increase user confidence in the financial statement, reduce investor risk and consequently reduce the cost of capital of the preparer of the financial statements. ...
Financial audits are typically performed by firms of practicing accountants who are experts in financial reporting. The financial audit is one of many assurance functions provided by accounting firms. Many organizations separately employ or hire internal auditors, who do not attest to financial reports but focus mainly on the internal controls of the organization. External auditors may choose to place limited reliance on the work of internal auditors. Auditing promotes transparency and accuracy in the financial disclosures made by an organization, therefore would likely to reduce of such corporations to conceal unscrupulous dealings.
Internationally, the International Standards on Auditing (ISA) issued by the International Auditing and Assurance Standards Board (IAASB) is considered as the benchmark for audit process. Almost all jurisdictions require auditors to follow the ISA or a local variation of the ISA." [Financial audit. Wikipedia]
The example "Design elements - Audit flowchart" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Audit Flowcharts solution from the Finance and Accounting area of ConceptDraw Solution Park.

"The general definition of an audit is a planned and documented activity performed by qualified personnel to determine by investigation, examination, or evaluation of objective evidence, the adequacy and compliance with established procedures, or applicable documents, and the effectiveness of implementation. The term may refer to audits in accounting, internal controls, quality management, project management, water management, and energy conservation.
Auditing is defined as a systematic and independent examination of data, statements, records, operations and performances (financial or otherwise) of an enterprise for a stated purpose. In any auditing the auditor perceives and recognizes the propositions before him for examination, collects evidence, evaluates the same and on this basis formulates his judgment which is communicated through his audit report. The purpose is then to give an opinion on the adequacy of controls (financial and otherwise) within an environment they audit, to evaluate and improve the effectiveness of risk management, control, and governance processes." [Audit. Wikipedia]
The audit flowchart example "Audit process flowchart" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Audit Flowcharts solution from the Finance and Accounting area of ConceptDraw Solution Park.

This business infographic sample depicts the project data management reporting system processes. It was designed on the base of the diagram "Weekly Updates and Monthly Reports" from the wiki of the Large Synoptic Survey Telescope (LSST) project.
" The DM project uses the following process for monthly reporting:
1. ... the DM Project Manager maintains data challenge release and management/ system engineering plans in the LSST Project Management Control System (PMCS). Each activity in the plan includes the name of the activity, expected start and end dates, and assignees (with primary/ lead person listed first).
2. The LSST Project provides a web-based tool for weekly status reporting against the plan. The status collected included % complete, actual and expected start and finish dates, and comments."
[dev.lsstcorp.org/ trac/ wiki/ PlanningReportingProcess#DataManagementReportingProcess]
"Data management comprises all the disciplines related to managing data as a valuable resource." [Data management. Wikipedia]
The business infographic example "Data management reporting process" was designed using ConceptDraw PRO diagramming and vector drawing software extended with the Business and Finance solution from Illustration area of ConceptDraw Solution Park.

This arrow ring diagram sample was created on the base of the figure illustrating the webpage "Grant Life Cycle" from the Georgia College website. "Grant Life Cycle.
Define Opportunity: Funding opportunities can come from anywhere: databases, agency websites, professional publications or colleagues. GC subscribes to the database GRC. Federal grant opportunities can be found through Grants.gov.
Develop Proposal: Once an opportunity has been identified OGSP will do the following:
(1) Review the announcement for application requirements.
(2) Meet with the Principal Investigator (PI) to develop a project management plan.
(3) Work up a draft budget for PI approval.
(4) Complete the sponsor/ required forms and budget justification to be included in the application.
Submit & Negotiate: Applications can only be submitted by GC or the GC Foundation. Once internal approval has been received, designated staff in the appropriate office will submit the application on behalf of the PI and institution. If awarded, the GC or Foundation personnel will review and negotiate acceptable terms and conditions to GC, GC Fdn and/ or USG.
All of these are part of Pre-award services. ...
Award Setup: OGSP will review award documentation and assist all responsible parties with their roles and responsibilities during the grant. OGSP is available through the life of the award to provide support with any non-financial issues.
Manage Subawards: If subawards were identified at application, OGSP will issue the subaward using GC approved forms. If the need for a portion of the work to be completed by an outside entity is noted in the post-award phase, the Grants Compliance Manager will secure agency approval and then issue the subaward. OGSP will monitor the fiscal aspects of the subaward while the PI is responsible for the programmatic compliance.
Execute Project: OGSP continually monitors each grant for compliance with award terms & conditions. As legal representative, OGSP works with the PI and funder to expedite reports and resolve any issues that might arise.
Close Out Project: Once a grant has reached the end of the project period, all funders have requirements for final progress and financial reports. OGSP will work with the PI to make sure the progress report is submitted in a timely fashion and the Business & Finance completes the final invoices or report. The storage of the official project file is the responsibility of OGSP. All information and reports should be copied to the Grant Compliance Manager for inclusion in the official record." [gcsu.edu/ grants/ grantlifecycle.htm]
The arrow ring diagram example "Grant life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams

The vector stencils library "Management" contains 20 management icons.
Use it to design your business and finance illustrations and infographics
with ConceptDraw PRO diagramming and vector drawing software.
The vector stencils library "Management" is included in the Business and Finance solution from the Illustration area of ConceptDraw Solution Park.

The vector stencils library "Business" contains 24 business icons.
Use it to design your business and finance illustrations and infographics with ConceptDraw PRO diagramming and vector drawing software.
"A business, also known as an enterprise, or a firm, is an entity involved in the provision of goods and/ or services to consumers. Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be social non-profit enterprises or state-owned public enterprises targeted for specific social and economic objectives. A business owned by multiple individuals may be formed as an incorporated company or jointly organised as a partnership. Countries have different laws that may ascribe different rights to the various business entities." [Business. Wikipedia]
The icon set example "Design elements - Business" is included in the Business and Finance solution from Illustration area of ConceptDraw Solution Park.

The vector stencils library "Business" contains 24 business icons.
Use it to design your business and finance illustrations and infographics with ConceptDraw PRO diagramming and vector drawing software.
The vector stencils library "Business" is included in the Business and Finance solution from the Illustration area of ConceptDraw Solution Park.

The vector stencils library "Management" contains 20 management icons.
Use it to design your business and finance illustrations and infographics with ConceptDraw PRO diagramming and vector drawing software.
"Management in businesses and other organizations, including not-for-profit organizations and government bodies, refers to the individuals who set the strategy of the organization and coordinate the efforts of employees (or volunteers, in the case of some voluntary organizations) to accomplish objectives by using available human, financial and other resources efficiently and effectively. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, natural resources and other resources." [Management. Wikipedia]
The icon set example "Design elements - Management" is included in the Business and Finance solution from Illustration area of ConceptDraw Solution Park.

The vector stencils library "Project management" contains 30 project management icons.
Use it to design your business and finance illustrations and infographics with ConceptDraw PRO diagramming and vector drawing software.
The vector stencils library "Project management" is included in the Business and Finance solution from the Illustration area of ConceptDraw Solution Park.

The vector stencils library "Business people" contains 36 business people icons.
Use it to design your business and finance illustrations and infographics with ConceptDraw PRO diagramming and vector drawing software.
The vector stencils library "Business people" is included in the Business and Finance solution from the Illustration area of ConceptDraw Solution Park.

The vector stencils library "Management" contains 20 management icons.
Use it to design your business and finance illustrations and infographics
with ConceptDraw PRO diagramming and vector drawing software.
The vector stencils library "Management" is included in the Business and Finance solution from the Illustration area of ConceptDraw Solution Park.

This business infographic sample shows the plan–do–check–act cycle. It was designed on the base of the Wikimedia Commons file: PDCA-Cycle.png.
[commons.wikimedia.org/ wiki/ File:PDCA-Cycle.png]
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license. [creativecommons.org/ licenses/ by-sa/ 3.0/ deed.en]
"PDCA (plan–do–check–act or plan–do–check–adjust) is an iterative four-step management method used in business for the control and continual improvement of processes and products. It is also known as the Deming circle/ cycle/ wheel, Shewhart cycle, control circle/ cycle, or plan–do–study–act (PDSA)." [PDCA. Wikipedia]
The business infographic example "PDCA cycle" was designed using ConceptDraw PRO diagramming and vector drawing software extended with the Business and Finance solution from Illustration area of ConceptDraw Solution Park.

The vector stencils library "Project management" contains 30 project management icons.
Use it to design your business and finance illustrations and infographics with ConceptDraw PRO diagramming and vector drawing software.
The vector stencils library "Project management" is included in the Business and Finance solution from the Illustration area of ConceptDraw Solution Park.

The vector stencils library "Business people" contains 36 business people icons.
Use it to design your business and finance illustrations and infographics with ConceptDraw PRO diagramming and vector drawing software.
The vector stencils library "Business people" is included in the Business and Finance solution from the Illustration area of ConceptDraw Solution Park.