audit cycle


Also found in: Financial.

audit cycle

The periodic performance of clinical audits after identifying appropriate topics, setting standards, measuring current practice against these standards, assessing recommendations, and implementing change. The cycle is often repeated to ensure change has indeed occurred and improvement is maintained.
References in periodicals archive ?
Throughout the three-year, three-stage audit cycle, AOs focus on identifying and addressing potential risks by evaluating seven different interrelated processes: management; measurement, analysis, and improvement; design and development; production and service controls; purchasing; device marketing authorization and facility registration; and medical device adverse events and advisory notice reporting.
Twenty-eight dioceses permitted parish-level audits, five more than during the previous audit cycle. Another 95 dioceses, 10 more than the 2016 audit, indicated to auditors that they perform parish audits "in some form on a regular basis."
With the consumption and partial recovery of credits controlled by credit and audit mechanism, [R.sub.special] of benign users reveals a hysteretic declined trend within each audit cycle and will fluctuate along with audit cycles during the testing period.
Table 2 Table Showing Number of Patients in Each Audit Cycle Over Past 15 Years Year Number of patients 2000 50 2002 50 2015 50
Clinical audit cycle identifies every step, responsibilities and purpose from the outset (Figure 1).
Participants will also need to demonstrate the benefits to the internal audit department and to the organisation by implementing best practices in terms of effective use of IA resources, reduced audit cycle time, tangible cost savings, employee satisfaction, communication and adaptability to changing organisational needs and audit related benchmarking.
Option 1 - organizations can transition within their current ISO/TS 16949:2009 audit cycle, i.e.
To strengthen IOSA, the global standard for measuring operational safety, IATA is transitioning this year to "Enhanced IOSA", which introduces continuous monitoring across the two-year audit cycle. This is moving IOSA from a once-every-two-year snapshot to a continuous management process.
The CAQ, which is affiliated with the AICPA, issued an audit risk alert for the 2014 audit cycle that included these and other areas that can be challenging for auditors.
In summary the proposals are that the PRA will require the external auditors of the largest UK-headquartered deposit-taking institutions that are not subsidiaries of non-UK firms to provide written reports to the PRA as part of the statutory audit cycle; and that HM Treasury has laid regulations to commence the PRA's disciplinary powers over actuaries and auditors under s 345A of FSMA.
Verifiers Ernst & Young awarded the certification after a series of evaluations that were part of a three-year audit cycle that covered the fulfilment of prerequisites, a pre-audit assessment and an onsite audit.
With regard to the timing of the discharge summary, this was found to have significantly improved from the previous audit cycle. For example, the timing between discharge and dictation (within 7 days) has increased from 30% to 73% and almost all discharge summaries are dictated no later than 3 weeks.

Full browser ?