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What are the types of audits?

Updated: 8/20/2022
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Wiki User

βˆ™ 9y ago

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Energy Audits can be broken down in several ways. The first is by the type of facility or building:

  • residential (home)
  • commercial
  • and industrial.

The second way to categorize audits is by how involved they are. In our case we do heavy commercial and industrial audits, and here are how we categorize our audits:

  • Preliminary Audit: compare your energy use to similar companies.
  • Comprehensive walk through audit: in depth look at your energy bills, your equipment, and your process. This identifies and quantifies energy savings ideas.
  • DIY walk through audit: same as a comprehensive audit, but instead of having the auditor do the leg work, you (or an employee) gather data. You get 70% of the results for less than half the price.
  • These are the most complex - and expensive - studies. They are most often used by major corporations with intensive project approval processes, or by companies looking to implement major (and expensive) technologies. These include wind, solar PV (photo-voltaic), hot water heating, solar heating (passive & active), CHP (Combined Heat Power), CHCP (Combined Heat Cool Power), refrigeration (mechanical & absorption), heat pumps, HVAC, high efficiency electric motors, biomass, and small hydro-electric....In our experience, 95% of companies are better served by a self-walk-through audit. The recommendations are almost as accurate, and their much lower cost makes it easier to justify the investment.

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Margaretta Rath

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βˆ™ 1y ago
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Selen Demir

Lvl 2
βˆ™ 1y ago

There are different types of audit

  1. Internal audit

  2. External audit

  3. Tax audit

  4. Financial audit

  5. Operational audit

  6. Compliance audit

  7. Information system audit

  8. Payroll audit

9. Pay audit

Farahat & Co is listed as the Top audit firm in Dubai, providing audit services across mainland Free Zones in UAE Since 1985. Call +97142500251.

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βˆ™ 13y ago

A correspondence audit

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βˆ™ 11y ago

financial Audit

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