[CSA Accounting Co.

Annual Audit Plan

Prepared by

[Neil Balmain]

[neil@csaaccountingco.com]

July 1, 2030

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Executive Summary
[CSA Accounting Co.]’s audit team will be performing an annual internal audit to maintain accurate and timely
financial reporting and data collection for the fiscal year 2030-2031. Performing such activity will help the
company determine, prepare, and prioritize all departments that need further improvement.

Objectives
This annual audit plan will have the following objectives:

1. Gather audit requirements by August 1, 2030

2. Perform internal audit procedures by August 15, 2030

Strategy
The company will be setting an audit schedule and prepare the requirements needed for the annual internal
audit. During the audit period, the internal auditor will review department documents, conduct employee
interviews, and analyze financial records.

SWOT Analysis

METRICS POINT 1 POINT 2

Up-to-date company policies,

Strengths Highly experienced senior auditor
procedures, and manuals

The department’s inadequacies of its A limited number of internal auditor

Weaknesses
reporting process staff

The improvement of department Increased collaboration with other

Opportunities
performance after the audit risk management functions

Internal auditors leaving the

Threats Reduced management cooperation
company

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Team

Rafael Crawford
Senior Auditor
He will be responsible for planning the audit process, research, and reviewing audit reports.

Philip Emerson
Audit Assistant
He will be in charge of monitoring and analyzing the financial reports of the company.

Action Plan

ACTION ASSIGNED TO END DATE

Research on the requirements needed for the

Philip Emerson August 1, 2030
internal audit

Review and analyze financial records and

Rafael Crawford August 15, 2030
interview employees

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