IA-05
Engagement Planning Kit
Plan each engagement: scope, risks, fraud, time budget and the document request list.
IA-11
Advisory Engagements Kit
Run documented advisory engagements without compromising your objectivity on later assurance work.
Inside the kit
What this kit solves
An advisory engagement without a written scope and clear role boundaries can leave the auditor owning a decision they will later have to audit. The scope memorandum (801) records agreed objectives, deliverables and the firm's role limits, and 80101 confirms that implementation decisions rest with management. The current state is then compared with good practice and regulatory requirements in 802, with workshop and interview minutes in 80201. Deliverables are prepared in 803, management comments on drafts are tracked in 80301, and the engagement closes with the report and transmittal letter (804) and management sign-off (80401). These papers replace the assurance papers when an engagement is advisory.
What your file holds afterwards
- A scope memorandum with agreed objectives, deliverables and role limits (801), and an advisory role boundaries acknowledgement (80101)
- A current state and gap analysis (802), with minutes of each workshop and interview: what was discussed, with whom and when (80201)
- Documented deliverables such as policies, procedures, matrices and forms (803), and a log showing how each comment was addressed in the next version (80301)
- The advisory report and transmittal letter (804), and a record of management receiving and formally signing off the deliverables (80401)
How to use it
- Agree scope and deliverables in 801 and obtain the 80101 acknowledgement before work starts.
- Analyse the current state and gaps in 802, and minute workshops and interviews in 80201.
- Prepare the deliverables in 803 and log management comments and how they were resolved in 80301.
- Issue the report with the transmittal letter (804) and record management sign-off in 80401.
Who it is for
Audit firms and in-house internal audit departments carrying out advisory engagements, such as designing policies or assessing a system before go-live.
What is in the kit
| Code | Paper | Format | What you get | Reference |
|---|---|---|---|---|
| 801 | Advisory Engagement Scope MemorandumReference: 13.3 | Word | Template + worked exampleTemplate + example | 13.3 |
| 80101 | Advisory Role Boundaries AcknowledgementReference: 2.2 | Word | Template + worked exampleTemplate + example | 2.2 |
| 802 | Current State and Gap AnalysisReference: 14.2 | Excel | Template + worked exampleTemplate + example | 14.2 |
| 80201 | Workshop and Interview MinutesReference: 14.1 | Word | Template + worked exampleTemplate + example | 14.1 |
| 803 | Deliverables (Policies, Procedures, Matrices, Forms)Reference: 14.4 | Word | Template + worked exampleTemplate + example | 14.4 |
| 80301 | Management Comments Log on DraftsReference: 11.2 | Excel | Template + worked exampleTemplate + example | 11.2 |
| 804 | Advisory Report and Transmittal LetterReference: 15.1 | Word | Template + worked exampleTemplate + example | 15.1 |
| 80401 | Management Sign-off on DeliverablesReference: 15.1 | Word | Template + worked exampleTemplate + example | 15.1 |
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