Question : Internal Audit Engagement Letter?
Please help me in drafting an engagement letter to Finance division. How can I state it if only chosen process will be reviewed like accounts receivable, accounts payable and cash management?
Please help me. Thanks so much.
accounts payable audit

Best answer:

Answer by Sandy
Engagement Letter

The Department of Internal Audit notifies the unit head in writing when his or her area is selected for an audit. This document, which is referred to as an engagement letter, indicates general objectives of the audit and the projected time frame of the audit. A request for relevant information/item records that will facilitate the audit is included with the engagement letter as an attachment.

Here is a real life sample:

http://www1.umn.edu/audit/EngagementLetter.htm