This survey is being completed to assess the focus of audit departments on cost recovery efforts. The results will be posted on AuditNet.Org in an upcoming article.
Please answer the below questions:
Do you manage or perform cost recovery projects in your department? Cost recovery projects include such activities as accounts payable duplicate payment reviews, telecommunication audits, and/or freight audits (for a complete list of areas, click here)
Please select an answer Yes No
Comparing 2008 to 2007, is your department being asked More or Less to find cost savings for the company to pay for your departmental expense?
Please select an answer Asked More Asked Less
What percent of your total audit activities will be spent in 2008 on cost recovery efforts (based on total hours spent by the department on recovery to the total available hours for the department).
Please select an answer 0% 5-10% 10-25% 25-50% 50-75% 75-100%
Does your company need to comply with the Sarbanes-Oxley regulations?
What percent of your total audit activities will be spent in 2008 on Sarbanes-Oxley efforts (based on total hours spent by the department on recovery to the total available hours for the department).
If you plan on completing cost recovery, which top area do you plan to complete in 2008?
Please select an answer Accounts Payable Advertising Agency Freight Health Benefits Lease Sales Use Tax Telecommunications Utilities
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