Internal Audit Risk Assessment Announcement Memo

This sample letter from the internal audit director informs all participants of a companywide internal audit risk assessment and solicits their participation.

In this example, the company is in the process of completing a company-wide risk assessment, the goal of which is to identify the key risks in the business and industry that could impede its ability to meet current and long-term business objectives of a strategic, operational, financial and compliance nature. The results of this risk assessment are to be shared with management and would also become one of the primary information sources used in the development of an internal audit plan for the company. Therefore, the internal audit director solicits meetings with all participants to gain input about the company’s business processes as well as geographic locations.