Document titled Enterprise Audit Management Audit Life Cycle. Eight blue boxes shown on three rows with arrows connecting the boxes and flowing from left to right. The next row down is connected with arrows also flowing from left to right. Each box has 4 to 6 bullets describing the events that take place at each phase of the audit cycle.The three boxes on the top row are: Box 1 – Fiscal Year Audit Plan; Box 2 Notification of Planning & Research; Box 3 Engagement/Notification Letter-Formal Opening.The next three boxes on the middle row are: Box 1 Fieldwork; Box 2 Agreement to Facts/Statement of Facts; Box 3 Discussion Draft & Draft Report.The last row has two boxes: Box 1 Final Report; Box 2 Planned Corrective Actions.