1. Preparation of the audit: the assigned auditor prepares the audit and gathers all the necessary documentation for the audit execution.
  1. Conducting the audit: The audit is carried out following what is established in the agenda agreed with the auditee. At the end of the audit, a wrap-up meeting is done where any observation found and possible solutions are discussed.Shortly after the audit is performed; the auditor sends a preliminary report to the audited company that allows clarifying any misunderstanding. In addition, a rapid response and a remediation plan are requested. This reply is reviewed by the auditor and, if available, is included in the full draft report that is being prepared.

In case of critical observations an immediate notification to the sponsors is performed.

During all the process AFA Operations department monitors the audit preparation and execution.