White Paper - Well-founded Audit Planning

Whitepaper

This is a members only resource.

Please login to access.

Author

Bruce Turner AM
CRMA, CGAP, CISA, CFE, PFIIA, FFin, FFA, FIPA, FIML, MAICD, JP

Date

2023

Topics Explored

Internal Audit, Internal Audit Management

Format

White Paper

Extract/Description

A well-founded forward audit plan, based on consultation, analysis and research underpins the achievement of this mission and provides the right direction for internal audit to add value and improve an organisation’s operations.

Key Points

1. Some CAEs utilise a risk prioritiser model to provide a more scientific basis to the audit topics included in the forward audit plan.
2. It is often beneficial for medium and larger sized internal audit functions to divide the audit topics into distinct audit themes.