The audit process is the series of steps followed by an auditor in order to conduct an audit engagement with a client. The exact steps followed will depend on the nature of the audit engagement, but typically follow these general steps:
- Request general information from the client.
- Understand the operating environment of the client.
- Prepare an audit plan.
- Conduct fieldwork.
- Review the audit results.
- Draft an audit report.
- Communicate the audit results to the client in a closing meeting.