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Published in:
2008 | OriginalPaper | Chapter
Preparation
Published in: Internal Audit Handbook
Publisher: Springer Berlin Heidelberg
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• Audit announcements give Internal Audit and the unit to be audited the opportunity to come to a common understanding on the actual audit and its contents well in advance of the audit.
• Such announcements are advisable within a certain period, depending on the audit or service type.
• Although there are many arguments in favor of audit announcements, it should be critically examined whether announcing the audit jeopardizes audit objectives.
• Whatever the circumstances, announcements have to be in general terms so that the extent of the audit can be supplemented with results from fieldwork or other audits at any time.