This tool includes two sample audit programs that provide steps organizations can take when embarking upon an audit of an international office. Sample 1 of this document provides a structured approach for conducting thorough audits of international offices. It outlines key project phases such as planning, fieldwork and report issuance, with detailed steps, including gaining an understanding of the business environment, assessing internal controls and performing analytical procedures on financial statements. The sample emphasizes the importance of tailoring audit plans to specific circumstances and not considering the program all-inclusive.

Sample 2 aims to document the audit team's findings comprehensively, from planning and executing the audit to reporting the results, ensuring a holistic assessment that addresses both local and corporate requirements and ultimately supports the enhancement of the company's global operations.

Project work steps include:

• Understand and document key processes.
• Identify, evaluate and assess the efficiency and effectiveness of key internal controls.
• Assess compliance with local and group policies and procedures.
• Identify internal control and process improvement opportunities and provide recommendations.