Internal Audit Engagement Letter Sample
We tentatively plan to complete our fieldwork by date.
Internal audit engagement letter sample. Audit engagement letter template. The internal audit engagement letter states the nature of the audit. It provides notice and scope of the upcoming audit. When writing an official or company letter discussion style and style is crucial making a good initial perception.
An audit engagement letter defines the legal relationship or an engagement between a professional firm and its clients. Sample internal audit engagement letter template. This professional firm may include law investment banking advisory or accountancy firm. This letter can be as simple as an audit agenda or formal as a registration notice.
Example letter of engagement for audit assignment for an incorporated air travel organisers licensing atol travel agent. Dear insert name we are pleased to accept the instruction to act as auditor for your company and are writing to confirm the terms of our appointment. 36 0 kb pdf. Sample internal audit engagement letter date name title school board street address city postal code dear auditee the internal audit team is planning its audit for audit process i e.
This letter is not authoritative but is intended only to. The auditor provides this to the auditee could be a client prior to the audit. The letter prevents surprise reaction from the clients. It states the terms and conditions of the engagement mainly addressing the scope of the engagement and the terms of compensation for the firm.
31 9 kb for free. Internal audit engagement letter an internal audit engagement letter is sent by an auditor to a client company highlighting the roles and responsibilities of the auditing firm. The following is an example of an audit engagement letter for an audit of general purpose financial statements prepared in accordance with international financial reporting standards ifrs. The directors of insert company name ltd.
This is a communication in the initial stages of an agreement between a company and an auditor. Internal audit will be performing an audit of function department which is scheduled to begin on date. Sample internal audit engagement letter doc final free download as word doc doc pdf file pdf text file txt or read online for free. Engagement letter sample.
Isa 210 example of an audit engagement letter.