Probe Audit | 12.21 Using internal audit

Published: 07/05/2021

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Format - Small

This document is not required for small entities.

Format - Large

This document is only required if you selected that the client has an internal audit function and that the responsibilities and activities of the internal audit function are relevant to the audit, or if you are planning to use the internal audit function to provide direct assistance in obtaining audit evidence and are enabled/disabled in document 10.50 - Gathering information.
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The document is divided into the following tabs to assist you in developing an audit plan and strategy:

Audit plan
Audit strategy
Planning memorandum

Instructions - Large

Features

The following features are available in the document:
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Footnotes and instructions

Conclusion

After you have designed your audit plan and strategy you can conclude on the planned involvement of the internal audit function by completing the conclusion section:
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After you have completed the conclusion section and the planning memorandum was signed by all the parties involved, conclude on this document by signing off.

Instructions:

Objective

The objectives of this document are to design an audit plan and strategy for using the internal audit function during your audit and:

To determine whether the work of the internal audit function is adequate for purposes of the audit.
To determine whether to use the internal audit function to provide assistance.

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