Factsheet - Internal Audit Protocol

Factsheet

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Author

IIA-Australia

Date

2022 

Topics Explored

Internal Audit, Internal Audit Management 

Format

Factsheet

Extract/Description

Many organisations hamper the effectiveness of their internal audit function without realising it. This occurs because organisation obligations in relation to internal audit are not clearly defined or made known within the organisation. Sometimes, these obligations are contained within the internal audit manual. However, this is an internal procedure document for internal audit staff and not generally applicable to the wider organisation.

Key Points

An internal audit protocol prescribes obligations for internal audit and senior management in relation to internal audit work.

Relevant Industries

All

Level of Assumed Knowledge

Intermediate

Aligned to Global Internal Audit Standards

No