Internal Audit Form Template for United States

1. Executive Summary: High-level overview of key findings and conclusions, typically included for complex or high-risk audits

2. Previous Audit Issues: Review of previous audit findings and status of corrective actions, included when follow-up is required

3. Compliance Assessment: Specific section for regulatory compliance evaluation, included when audit focuses on compliance matters

4. IT Systems Review: Detailed assessment of IT controls and systems, included when technology is a significant component of the audit

5. Financial Impact Analysis: Quantitative analysis of findings' financial impact, included for audits with significant financial implications

6. Process Flowcharts: Visual representations of processes under review, included for complex operational audits

7. Interview Summaries: Documentation of key interviews conducted, included when significant information was gathered through interviews

1. Schedule A - Test Results: Detailed results of all testing procedures performed during the audit

2. Schedule B - Supporting Documentation: Key documents, evidence, and records examined during the audit

3. Schedule C - Control Matrix: Comprehensive matrix of risks, controls, and testing results

4. Schedule D - Sample Selection Details: Documentation of sampling methodology and selected items

5. Appendix 1 - Audit Program: Detailed audit program showing planned procedures and completion status

6. Appendix 2 - Risk Assessment Matrix: Detailed risk assessment calculations and matrices

7. Appendix 3 - Reference Documents: Relevant policies, procedures, and standards referenced during the audit

8. Appendix 4 - Action Plan Template: Template for tracking implementation of recommendations