Fixed Audit Program

An audit program which can not be changed during the course of audit is known as fixed audit program.

Advantages of Fixed Audit Program:

a) Saves time and cost: It saves time and cost because if the audit program is prepared once, same program is used in all the organization.

b) Helps to make responsible: In fixed audit program, the work of assistance is clearly defined and fixes the responsibility of assistance staffs.

c) Works are completed within: All the works are competed within the predetermined time in accordance with fixed audit program because auditor does not change such program on the request of assistance staff.

Disadvantages of Fixed Audit Program:

a) Fixed audit program is rigid: It cannot be changes due to fixed nature. It cannot be in all organization because nature and size of all the businesses don not remain same. Due to the lack of flexibility, fixed audit program is rigid.

b) Harasses to audit staffs: Work may be hurried in order to complete it within the required schedule. All the staff should perform their task within the limitation of time given in fixed audit program.

c) Not useful for all organization: Same program will not be useful in the big and small organization.

d) Unscientific and impracticable: It is unscientific and impractical because it does not incorporate the changes caused by time and situation.