Creating Plan Entities

Each time an audit entity is identified as a target for an audit engagement, a plan entity record is required in order to accurately link the audit entity to the audit engagements. The plan entity captures information about the type of audit engagement, the objective and scope, and the stakeholders, which may differ from engagement to engagement.

For example, one year you may decide to include an audit entity in an engagement as just a Department Review, which requires a limited scope. In the next year, you may include that same audit entity in another engagement, but this time as an Operational Audit, which requires more resources and a larger scope. Separate plan entity records are required so that you can scope different elements of the audit entity for each engagement.

Here are the tasks to create plan entities:

1. Determine which audit entities to audit.

2. Create plan entities.