IIA-Australia White Paper - Internal Audit Service Catalogue

IIA-Australia White Paper - Internal Audit Service Catalogue

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Author

Andrew Cox MBA, MEC, GradDipSc, GradCertPA, DipBusAdmin, DipPubAdmin, AssDipAcctg, CertSQM, PFIIA, CIA, CISA, CFE, CGAP, CSQA, MACS Snr, MRMIA

Date

 2022

Topics Explored

Internal Audit, Internal Audit Management

Format

White Paper

Extract/Description

Audit Committees and management are seeking a lot more value from Internal Audit to help improve the business.
An internal audit service catalogue has potential to further build the partnership between Internal Audit, the Audit Committee and management, while delivering a wider range of internal audit services offering more value to the organisation.

Key Points

  1. Internal Audit has the ability to offer a comprehensive range of services which could be contained in an internal audit service catalogue.
  2. By continually evolving its service offerings and value-add, Internal Audit can embed itself in the organisation as an agent of change, build its profile and reputation, and be truly valued by the Audit Committee and management for the forward-looking insights it can provide.

Relevant Industries

All

Level of Assumed Knowledge

Intermediate