Determining how much input the auditee should have in the audit scope
At the start of each audit, it is important that we undertake detailed and thorough planning to ensure that we identify all risks and controls. As part of planning, we should perform a range of walkthroughs, stakeholder discussions and background / external research. All of this combined will help us to correctly scope the audit, ensuring that we not only provide a level of assurance to management and the audit committee, but also add value.
For many audit teams, before we finalise the audit scope and objectives, we will often confirm with key stakeholders that the audit scope and objectives meets expectations; that it appropriately addresses the risks and concerns which they may have.