Audit process
How a financial audit of loan origination applications moves from scoping call to findings workshop.
1. Scoping
We clarify product lines, booking period, sample appetite, and whether you need a management findings pack or an opinion letter on the sample. Access method — imaged files, shared archive room, or Rama IX working sessions — is agreed here.
2. Sample design
Using your booking extract, we propose a random, stratified, or risk-weighted pull. You approve the list before examination begins so there are no surprises about which applications enter the workpapers.
3. File examination
Reviewers test each selected loan origination application against the policy and checklist that governed it at booking. Completeness, underwriting logic, exceptions, and approval authority are recorded with citations.
4. Factual clearance
A draft findings list goes to your nominated contact. This step corrects factual misunderstandings; it is not a negotiation to soften valid observations.
5. Delivery and workshop
You receive the report and workpaper index. We walk through themes with credit and operations so remediation owners leave with named next steps.
What you prepare
- Booking extract for the period
- Credit policy and product checklists in force during origination
- Exception and authority matrices
- Secure file access and a single scheduling contact
Move from process to engagement
When you are ready to put a sample on the calendar, choose an engagement or request a scoping call.