Finance / Free editable template

Internal audit process flowchart template

An internal audit process flowchart shows how an audit runs from the annual plan to closed actions. This example runs across the audit committee, internal audit and the team being audited, through planning, fieldwork, reporting and follow-up, with finding ratings and the deadlines for agreed actions.

This is a planning example, not financial, accounting, tax or legal advice. Check your own policies, auditors and local rules.

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Internal audit process flowchart example showing four phases across three lanes, findings decision and management response, finding ratings with action deadlines
Everything in this example is editable. Replace the labels, move the shapes and adapt the layout to your work.

How to use this template

  1. Start from the plan

    Show how the audit plan is set from the organisation's risks and approved by the audit committee.

  2. Agree scope early

    Share the terms of reference with the auditee before fieldwork so everyone knows what will be tested and what is needed from them.

  3. Follow actions to closure

    Track agreed actions with owners and dates and report overdue ones to the committee. An audit is only useful when actions are done.

Questions about this template

Can I change the finding ratings and deadlines?

Yes. Edit the rating labels and their action deadlines so they match the scale your audit committee has approved.

Do I need an account to use it?

No. Open the template and edit it in your browser. Your work saves on this device. An account is optional if you want to sync your workspace.

Can I export the finished diagram?

Yes. Use Export in the editor to save a PNG, SVG or PDF, or download an editable .epicdraw backup.

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