Audit Programs

This section relates to the applicant’s knowledge of the development and management of audit programs in all types of audited-auditor relationships, including:

1. Identification of audit program objectives 
2. Development and implementation of an audit program 
3. Evaluation of the effectiveness of the audit program 
4. Use of the audit program as management tool to improve business performance

Q:- Auditing fundamentals

This section relates to the applicant’s knowledge of :

1. Terms and definitions used in auditing 
2. The different types of audits based on what is being audited, who is being audited and why is the audit being performed; 
3. Purposes of audits; and

Q:- What is the appropriate ratio of tank diameter to tank height to avoid anchorage?

Answer: The determination of anchorage requirements is adequately covered in API 650.  Many factors are included in determining if anchors are required and the number of anchors.  This is a specific design condition and should be considered in completing the detailed design of a tank.