Boost the quality of your engagement projects with our comprehensive checklist, ensuring compliance, risk assessment, and continuous improvement.
1
Identify engagement project
2
Determine the engagement team members
3
Review the Audit Plan
4
Approval: Audit Plan
5
Verify professional standards and legal requirements are met
6
Check for any conflict of interest
7
Review engagement risk assessment
8
Define scope, objectives and procedures for engagement
9
Approval: Scope of Engagement
10
Ensure all relevant documents and data are collected
11
Review Preliminary Engagement Findings
12
Approval: Preliminary Engagement Findings
13
Prepare the draft of the engagement report
14
Review Draft of Engagement Report
15
Approval: Draft of the Engagement Report
16
Issue the final engagement report
17
Ensure client feedback is received
18
Document lessons learned from the engagement
19
Approval: Lessons Learned
Identify engagement project
Identify and name the engagement project. This task is crucial as it sets the foundation for the entire engagement quality control review process. The identified project will determine the scope, objectives, and resources required for the review.
Determine the engagement team members
Determine the members of the engagement team who will be responsible for the review. This task ensures that the right expertise is available to complete the review effectively and efficiently.
Review the Audit Plan
Review and familiarize yourself with the Audit Plan. Understand the objectives, scope, and procedures outlined in the plan. This will provide guidance for the entire engagement quality control review process.
Approval: Audit Plan
Will be submitted for approval:
Review the Audit Plan
Will be submitted
Verify professional standards and legal requirements are met
Ensure that all professional standards and legal requirements are met during the engagement. This task ensures compliance with regulations and ethical practices, maintaining quality control throughout the review.
1
Verify compliance with professional standards
2
Ensure adherence to legal requirements
Check for any conflict of interest
Check for any conflicts of interest that may arise during the engagement. This task ensures objectivity and integrity in the review process.
1
Perform conflict of interest check
2
Identify any conflicts of interest
Review engagement risk assessment
Review the engagement risk assessment to identify potential risks and develop strategies to mitigate them. This task ensures that all risks are properly assessed and addressed.
Define scope, objectives and procedures for engagement
Define and document the scope, objectives, and procedures for the engagement. This task ensures clarity and alignment among all stakeholders involved in the review process.
Approval: Scope of Engagement
Will be submitted for approval:
Define scope, objectives and procedures for engagement
Will be submitted
Ensure all relevant documents and data are collected
Collect all relevant documents and data necessary for the review. This task ensures that all required information is available for a thorough and comprehensive assessment.
Review Preliminary Engagement Findings
Review the preliminary engagement findings to evaluate the progress and identify any significant issues or observations. This task provides an opportunity to address any concerns before finalizing the engagement report.
Approval: Preliminary Engagement Findings
Will be submitted for approval:
Review Preliminary Engagement Findings
Will be submitted
Prepare the draft of the engagement report
Prepare the draft of the engagement report based on the review findings. This task involves summarizing the key observations and recommendations for the client.
Review Draft of Engagement Report
Review the draft of the engagement report for accuracy, completeness, and clarity. This task ensures that the report reflects the findings accurately and effectively communicates the recommendations to the client.
Approval: Draft of the Engagement Report
Will be submitted for approval:
Review Draft of Engagement Report
Will be submitted
Issue the final engagement report
Prepare and issue the final engagement report to the client. This task marks the completion of the engagement quality control review process and provides the client with a comprehensive assessment and recommendations for improvement.
Ensure client feedback is received
Request and gather client feedback regarding the engagement quality control review process. This task allows for reflection and continuous improvement in future engagements.
Document lessons learned from the engagement
Document the lessons learned from the engagement quality control review process. This task captures insights and best practices to enhance future engagements and improve overall quality control.
