Step 1: A formal request is made to the Director of Internal Audit requesting an audit engagement for the area of concern.

Step 2: The client is notified that their request will be considered by the Director and the Internal Audit Advisory Committee.

Step 3: If approved, the audit engagement is included in the internal audit annual plan (this plan is flexible, therefore, some requests maybe included in the current year based on the prioritization. If not included in the current audit plan, the engagement is included in the next year’s audit plan). If the request for audit is not approved, the department requesting the engagement is notified.

Step 4: An engagement correspondence is sent to the audit client outlining the terms and conditions of the engagement and an agreement is signed by the audit client once the terms and conditions are agreed.

Step 5: An entrance conference is conducted with the audit client to finalized engagement expectations and plans and to introduce the audit team.

Step 6: Engagement is undertaken and a draft report is prepared.

Step 7: Draft report is discussed with audit client and recommendations agreed upon. Audit client provides a management response detailing approach and timeline for implementing recommendations.

Step 8: Final report which includes the management response is prepared and distributed to the approved distribution list.

Step 9: Based on audit client’s action plan, follow-up audit is scheduled to access whether issues identified have been adequately resolved.