http://www.bankersonline.com/articles/bhv14n04/bhv14n04a13.html looking at this article, an audit program would probably consist of answering questions such as:
1. Who are the bank's authorized signers? Are they appropriate?2. If they leave their positions, are their signing authorities terminated appropriately?
3. How are the stamps safeguarded?
4. Is the proper ink used?
5. What training is given to the staff to recognize the guaranteed signature? to participate in the guarantee program?