IA-05
Engagement Planning Kit
Plan each engagement: scope, risks, fraud, time budget and the document request list.
IA-01
Working Paper File Management Kit
Organise the audit file from day one: a file index, referencing rules and a single correspondence log.
Inside the kit
What this kit solves
A file opened without an index or referencing rules is slow to review and hard for anyone else to follow. This kit sets the file up before the first working paper is drafted. The file index (001) lists every paper in the engagement with its code and its preparation and review status. Paper 002 fixes the tickmark legend, the referencing method, the numbering rule (engagement number-paper code) and a standard header for every paper. The log (003) records correspondence with management and the Audit Committee by date and subject, and evidence folder 00301 holds the archived copies. Each template includes a filled example for Al Rawasi Trading Company.
What your file holds afterwards
- A file index (001) showing every paper, its code and its preparation and review status
- One tickmark legend and one set of referencing and numbering rules (002) for the whole team
- A standard header on every paper: client, code, period, preparer and reviewer, each with a date
- A correspondence log (003) with management and the Audit Committee, plus a folder for archived copies (00301)
How to use it
- Agree the tickmark legend, referencing and numbering rules in 002 before fieldwork starts.
- Open the file index 001 and list the engagement's papers and codes.
- Record each piece of correspondence in 003 and file the copy in folder 00301.
- Keep preparation and review status in 001 current until the file is closed.
Who it is for
Audit firms and in-house internal audit departments, at the opening of every engagement file and before the first working paper.
What is in the kit
| Code | Paper | Format | What you get | Reference |
|---|---|---|---|---|
| 001 | Working Paper File IndexReference: 14.6 | Excel | Template + worked exampleTemplate + example | 14.6 |
| 002 | Tickmark Legend, Referencing and Numbering RulesReference: 14.6 | Word | Template + worked exampleTemplate + example | 14.6 |
| 003 | Correspondence and Communication LogReference: 11.1, 11.2 | Excel | Template + worked exampleTemplate + example | 11.1, 11.2 |
| 00301 | Archived CorrespondenceReference: 11.2 | — | Evidence folderEvidence folder | 11.2 |
Every kit also includes a user guide (PDF and PowerPoint) and the licence terms, in Arabic and English.
IIA Global Internal Audit Standards (2024) references, with ISQM 1 and SAMA principles where they apply, as given in the guide. References are for cross-referencing and do not imply IIA endorsement.
Where it sits in the audit cycle
- 000File AdministrationIA-01
- 100Acceptance, Engagement and AdministrationIA-02
- 200Permanent and Annual FileIA-03IA-04
- 300Engagement PlanningIA-05IA-08
- 400Process Understanding and Control AssessmentIA-06IA-08
- 500Testing and FieldworkIA-07IA-08
- 600FindingsIA-09
- 700Reporting and Follow-upIA-09IA-10
- 800Advisory EngagementsReplaces 400–700 on advisory engagementsIA-11
- 900Quality Review and File ClosureIA-12
Related kits
IA-12
Quality Review and File Closure Kit
Review file quality, then close and archive the file with a record of retention and client data handling.