CHAPTER 13

Conducting the
Assurance
Engagement
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 13 Learning Objectives

 Describe how the purpose of an assurance engagement impacts the audit objectives.
 Determine engagement objectives and scope statements.
 Describe different types and sources of information that will help the internal auditor understand
the process of conducting an assurance engagement.
 Document simple process flows, showing key process steps, interfaces, and departments
involved.
 Perform a process-level risk assessment.
 Distinguish key controls from controls not considered key.
 Describe how to evaluate the design adequacy of process-level controls.
 Design different types of testing approaches, depending on the design of the process and
engagement objectives.
 Develop a general work program to guide the engagement process.
 Describe the resource considerations that must be evaluated when determining how to staff and
schedule an engagement.
 Conduct and document certain types of tests to gather evidence.
 Evaluate evidence from assurance procedures to reach conclusions based on the results of
testing.
 Develop observations and formulate recommendations.

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 13-1

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 13-2

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 13-3

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 13-4

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
 Exhibit 13-5

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
 Exhibit 13-6

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 8
 Exhibit 13-7

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 9
 Exhibit 13-8

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 10
 Exhibit 13-9

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 11
 Exhibit 13-10

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 12
 Exhibit 13-11

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 13
 Exhibit 13-12

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 14
 Exhibit 13-13

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 15
 Exhibit 13-14

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 16
 Exhibit 13-15

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 17
 Exhibit 13-16

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 18
 Exhibit 13-17

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 19
 Exhibit 13-18

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 20
 Exhibit 13-19

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 21
 Exhibit 13-20

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 22
 Exhibit 13-21

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 23
 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 24