Audit reports are the analysis of financial statements of a company or an organization. Customers, investors, etc. base their decisions on these financial statements. Usually, an outsider performs this analysis for unbiasedness. But before that, an internal audit report is prepared to make sure everything is alright.
5 Steps to Create an Audit Report in MS Word
Step 1: Create the Cover Page
The first step is to create a good cover page. It does not need any fancy design. Enter your company logo on the top. Then towards the center create a rectangle. Inside the rectangle, write down ‘Internal Audit Report’ as the title. After that, enter the details of the company for which the report is being prepared.
Step 2: Write the Executive Summary
A person might not have time to go through the entire thing. He might be having to read several of those or he just might not be able to take time out of his busy schedule to give it a read. In that case, an executive summary can come handy. If a person finds something concerning in the executive report, then he can choose to go through the details.
Step 3: Introduction and Company Background
After that, write down the introduction stating what has been the goals of the company and what it has achieved in this fiscal year. Also, write down a brief background of the company. Mention the nature of its business. This will help the person reading the document to understand the report better.
Step 4: Detailed Report
This is the most important and lengthy part of the report. Make it as detailed as possible because that way the people who are going through it will be able to make a more informed decision. Use tables to represent the data better and break them into small chunks so that each of them can be referenced easily.
Step 5: Conclusion and Recommendations
Finally, once you have the required data, as an auditor you should draw a conclusion from this report. Also, if you feel that there are areas where the company can make certain changes or do things better, enter that information as well in this section. Also, provide a list of the reference material that you have used while preparing this report.
15+ Internal Audit Report Templates
1. Internal Audit Report Template
If you run a firm that provides auditing services, then you might be having to create a number of reports on a regular basis. If that is the case, then it makes perfect sense to make use of templates as they will make you much more efficient. So download this report template in Google Docs and start editing as per your needs. If the design is of primary concern to you, then you should go for our report in Illustrator.
2. Simple Internal Audit Report Template
If you have your data ready but very little time to prepare an audit investigation report then you might be thinking of compromising on the formatting. Take our advice. Don’t. Download this template and open the report in Word. You will have a report prepared in a fraction of the time that you would have otherwise needed to.
3. Internal Process Audit Report Template
If you provide auditing services to other companies you must make sure that your reports look professional. Companies are more likely to give you the contract if you show professionalism. If you are not good at designing and formatting, you should give this template a try. There are many more report templates available on our site that you can make use of.
4. Internal Quality Audit Report Template
If you are preparing an internal audit report on quality checking then you should make sure that it is properly formatted and the data is well-presented. If you are not experienced in this, we can help you out. You just need to download this audit report or any of our other reports in Google Sheet and you should be good to go.
5. Free Internal Audit Report Template
Looking to prepare an audit report from the comfort of your iPad? We have a template that will make doing that incredibly easy. Download and open this report template in Pages and prepare to save yourself some time. There are many more such templates available on our site. So whether you need a compliance audit report or something more general, don’t forget to search our site first.
6. Finance Internal Audit Report Template
So you have sat down to prepare a finance internal audit report. You have the data, but you don’t feel like creating all those tables and do another such formatting. In that case, this is the template that you should be taking a look at. Check out this monthly audit report. In case you need something that is better designed, you can give our report in Photoshop a try.
7. Food Safety Internal Audit Report Template
Food safety internal auditing requires you to be familiar with a number of technicalities while preparing the report. If you want a report template that already has them in place, so that all you have to do is fill out the information, give this template a try. Download this template now and start editing. If you are looking for management audit reports, we have a number of them.
8. Annual Internal Audit Report Template
Looking for inspiration to create a professional annual internal audit report? Then you should give this sample a try. Check out this report in PDF or chooses from our various templates for a report in Excel. They are all one hundred percent editable and of high quality. So you can use them wherever you want.
9. Basic Internal Audit Report Template
If you have already collected the data and have already finished inputting it in the report, the last thing that remains to be done is to present in your conclusion. Many people find this portion of the report difficult to complete. But with some experience, this too shall become easy for you. We suggest that you give this report in PDF a read. It will help you finish the report.
10. Internal Audit Report in PDF
If you want to create a detailed internal audit report but haven’t attempted one in the past, it is a good idea to invest some time in reading samples like this. It will not only familiarize you with the process but also show you how to create a professional one. So download this now or check out our report sample in Numbers if you prefer to use Apple’s software.
11. Internal Quality Management Audit Report Template
Internal quality management audit report preparation is a lengthy task. It requires not just the recording of data but also formatting them and deriving a relevant conclusion from them. Sometimes it can get really hectic. In that case, it is a good idea to use templates like the one provided here.
12. Internal Audit Quarterly Report Template
If searching for free report templates has not yielded results that would help you to create an internal audit quarterly report then you should give our site a look. We host some of the best templates available on the internet and thus can assure you of the highest quality possible. Check out this sample that we have specially handpicked for you.
13. Internal Audit Report Example
Congratulations on the exponential growth in the company. That should also mean that you have to now spend more time on the audit reports. If you don’t have sufficient manpower to handle this type of workload then you might be thinking of cutting corners. But it should not be that way. You have got these contracts because of your standard. So preserve it. Use one of our high-quality templates to help you in that. Download the one provided here.