What essential information does an audit announcement memo convey?

An audit announcement memo is important as it serves as a formal communication tool to inform relevant stakeholders about the details of an upcoming audit. This includes the objectives of the audit, which outlines what the audit intends to achieve, and the scope, which defines the areas or functions that will be examined. It also provides information regarding the timing of the audit, indicating when it will take place, and details about the audit team, including who will be involved in conducting the audit.

By communicating these key elements, the memo ensures that all parties are prepared for the audit process, understand the purpose and extent of the review, and know who to interact with during the audit. This clarity helps facilitate cooperation and support from employees and management and promotes transparency within the organization.

The other options do not align with the primary function of an audit announcement memo. Changes in staff roles, technology updates, and employee training schedules may be important in their own right, but they are not usually communicated within the context of an audit announcement memo. Hence, the second option is the most relevant and comprehensive regarding the contents of such a memo.