Audit Planning Memorandum

The Audit planning memorandum is a vital document as it is a form of contract between you and the auditee as to the various facets of the audit.

It should contain the following sections:

·        Introduction

·        Audit objective

·        Audit Scope and limitation

·        Prior Identified Risks

·        Significant changes since prior audit (if applicable)

·        Specific Auditee requirements and representations

·        Engagement period

·        Final Communication format

·        Risk owner(s) and report distribution

·        Auditor Independence

·        Internal Audit Staff (this may include IT auditors as well as general auditors, and consultants)

·        Budget

·        General

The document should be signed by both parties to indicate agreement to the content. This prevents scope creep.

Information Request Form

Select the items that apply, and then let us know how to contact you.

  Send service literature
  Please could you give us an afternoon workshop on writing Audit Planning Momorandums
  Please contact me

Information Request Form

Select the items that apply, and then let us know how to contact you.

  Send service literature
  Please could you give us an afternoon workshop on writing Audit Planning Momorandums
  Please contact me