20 Questions Directors Should Ask about Internal Audit, Second Edition
|Your stewardship responsibilities as a board of directors include the identification of your organization’s principal risks and the implementation of systems to manage them, as well as the integrity of its internal control and management information systems. Since an internal audit function can play a key role in assessing and reporting on these areas, directors are expected to satisfy themselves that the internal audit function of your organization is effective.|
20 Questions Directors Should Ask about Internal Audit will help directors understand the contribution of this function and provides guidance to audit committee members on what to ask their chief audit executive. With each question, a brief discussion provides background on the reason for asking it and, where appropriate, some recommended practices.
This publication is part of the Risk Oversight and Governance Collection.
To view, please click here.
Publication Date: November 2007