Chapter 12

Introduction to the
Engagement Process

Internal Auditing: Assurance and Consulting Services, 2nd Edition © 2009 by The Institute of Internal Auditors Research Foundation,
247 Maitland Avenue, Altamonte Springs, FL 32701 USA 1
 Chapter 12 Learning Objectives

 Understand the types of engagements

internal auditors perform.
 Understand the key activities involved in
planning and performing an assurance
engagement and reporting the
engagement outcomes.
 Describe how the consulting engagement
process differs from the assurance
engagement process.
Internal Auditing: Assurance and Consulting Services, 2nd Edition © 2009 by The Institute of Internal Auditors Research Foundation,
247 Maitland Avenue, Altamonte Springs, FL 32701 USA 2
 Exhibit 12-1

Internal Auditing: Assurance and Consulting Services, 2nd Edition © 2009 by The Institute of Internal Auditors Research Foundation,
247 Maitland Avenue, Altamonte Springs, FL 32701 USA 3
 Exhibit 12-2

Internal Auditing: Assurance and Consulting Services, 2nd Edition © 2009 by The Institute of Internal Auditors Research Foundation,
247 Maitland Avenue, Altamonte Springs, FL 32701 USA 4
 Exhibit 12-3

Internal Auditing: Assurance and Consulting Services, 2nd Edition © 2009 by The Institute of Internal Auditors Research Foundation,
247 Maitland Avenue, Altamonte Springs, FL 32701 USA 5
 Exhibit 12-4

Internal Auditing: Assurance and Consulting Services, 2nd Edition © 2009 by The Institute of Internal Auditors Research Foundation,
247 Maitland Avenue, Altamonte Springs, FL 32701 USA 6
 Add slides as desired

Internal Auditing: Assurance and Consulting Services, 2nd Edition © 2009 by The Institute of Internal Auditors Research Foundation,
247 Maitland Avenue, Altamonte Springs, FL 32701 USA 7