Append below explain what’s Operational Audit and Its Objectives: 

 Operational Audit:   

Operational audit is a systematic independent appraisal activity within an organization for the review of the entire department operations at the request of the management
Is an extension of the traditional internal audit. Traditional audit looks only at accounting and financial operations but operational audit focus […]

This article deals with what’s continuous audit, the situation requiring continuous audit and drawback of performing continuous audit:

Continuous Audit:

Is one in which the auditors are engaged throughout the year or at a frequent intervals in the checking of the accounts of the clients.

Situations where continuous audits are preferred:

Management able to exercise stricter control […]

Append below the audit steps on Other Debtors-Bills Receivable: 

 Other Debtors-Bills Receivable
Obtain a schedule of Bills Receivable:

Check with bills book
Where due date has occurred since the balance sheet date, confirm that bill was duly pd
Check the casts of the schedule
Inspect bills held at the year end
Obtain certificate from agents where appropriate
For bills still outstanding at the […]

Append below the audit steps on Other Debtors-Prepayments/Prepaid expenses:- 

 Other Debtors-Prepayments
Obtain a schedule of Other Debtors for Telephone & Other Deposits:

Test with available documentation
Check computation to ensure proper matching of cost into the relevant period ( matching concept)
Compare with previous year and obtain explanations of material variations

Append below the audit steps on Other Debtors-Telephone & other deposits/sundry deposits:- 

 Other Debtors- Telephone And Other Deposits
Obtain a schedule of Other Debtors for Telephone & Other Deposits:

Confirm that the amount is the same as previous year ( check with audit working paper)
For new deposits, examine correspondence or supporting documents like payments and receipts from authorities
If […]