Guidance for Conducting a Public Debt Audit – The Use of Substantive Tests in Financial Audits

The purpose of the audit visit is to verify and supplement the observations made of the HEI’s quality system based on the audit material. The goal is to make the visit an interactive event that supports the development of the institution’s operations. In addition to conducting interviews during the visit, the audit team examines any other material it may have requested from the institution. The visit lasts from three to five days. During the first day, the team interviews representatives of the institution’s management, teaching and other staff groups, students and external stakeholders. At this stage, the focus is on the quality system as a whole. During the other.

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