Sample Audit Memorandum

The audit memorandum, also known as memo, is a document that serves to briefly inform the staff of a company, institution public, private or government office, matters of an administrative nature regarding the review to be carried out.

Generally, it is a letter that is prepared in print and in half letter size, although it can also be done in letter complete, it does not have a preset format but the memorandum legend can be letterhead, without this being required.

It is used to communicate important information to staff, such as directions, notices, recommendations, or any other that the company considers important to communicate about the audit.

The content of a audit memorandum It can vary according to the type of company, the objective of the same and the scope that it is desired to obtain in it.

The parts that an audit memorandum must include serve to provide clear information on the procedures to be followed within the audit program, such as:

Name (s) or departments of whom it is addressed.

Date.

Briefly worded matter that includes: areas to be audited, period that includes the review (date of the Financial Statements to be reviewed), identify the commitments of the parties involved in the work (auditing firm and audited department), which means establishing pacts and support agreements for carry out the work, establish a general objective and specific objectives, which serve as premises to know what is intended to be achieved with cicho process.

The areas, documents and parts to which the auditing firm will have access within the entity are established.

Establish a start date and presentation of the results of the work to be carried out.

Sender name (s) or departments.

Firms).

Example of audit memorandum:

Memorandum: 0583/12.
C.P. Mario Avendaño Enriquez
Purchasing Manager
Present.

México, D.F., November 10, 2012.

The undersigned Héctor Sandoval Núñez I inform you that the next audit of the department that is in charge, which will be carried out as of November 15 of the current year and which covers the accounting year 2010-2011.

Therefore, I ask you to take the necessary actions so that the review process can be carried out to full satisfaction, as well as to provide all the necessary support to the auditing company so that it can fulfill its mission in optimal conditions. terms.

Cordially
Lic. Alejandro Medina Orozco
CFO