1. The IT audit will support the financial statement audit of Company XYZ, with a fiscal year ending on December 31, 2020.
2. The audit timing includes: Planning will be performed during the sixth month of the year under audit; Interim audit procedures will take place during two months before the end of the fiscal year; Year-end procedures are scheduled for January through March of the year following the end of the fiscal year; and all work papers and audit documentation will be due by and signed off on April 30th of the year following the end of the fiscal year.

Timing of the IT audit work is scheduled as follows:

1. Planning (starting [MM/DD/YY], ending [MM/DD/YY])
2. Interim (starting [MM/DD/YY], ending [MM/DD/YY])
3. Year end (starting [MM/DD/YY], ending [MM/DD/YY])
4. Sign-off date ([MM/DD/YY])