Audit Engagement Memo
Memo For Engagement
Date: [Date]
To: [Employee Name]
From: [Audit Department]
Subject: Audit Engagement Memo
Introduction: You, [Employee Name], have been selected for an audit of your department's financial records at [Your Company Name]. The audit aims to ensure compliance with company policies and procedures, and identify areas for improvement.
Objective: Review and evaluate the financial records of your department for the period [Start Date] to [End Date], following generally accepted accounting principles (GAAP) and company policies.
Responsibilities:
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Provide access to all relevant financial records and documentation.
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Cooperate with the audit team by answering questions and providing clarifications.
Timeline: Audit starts on [Start Date] and is expected to end by [End Date]. Any timeline changes will be promptly communicated.
Fee Structure: No cost to you, as the audit is internal.
Contact Information: For questions or concerns, contact [Audit Manager Name] at [Audit Manager's Contact Information].
Confidentiality: All audit information is confidential.
Signature: Acknowledgement of receipt and agreement to cooperate with the audit process.
Date: [Date Signed]
Please review and sign this memo to acknowledge your understanding and agreement to the audit engagement terms. If you have any questions, do not hesitate to contact us. We appreciate your cooperation in this matter.
[Your Name]
[Your Company Name]
