IIA-Australia Factsheet - Accepting Management Requests

Accepting Management Requests

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Author

IIA-Australia

Date

 2022

Topics Explored

Internal Audit

Format

Factsheet

Extract/Description

Before accepting a management request, internal audit should determine whether the request will improve the governance, risk management and control processes of an organisation.

Key Points

  1. Management may see internal audit as a free resource and seek assistance for tasks they really should be doing themselves.
  2. Internal audit should assess the request to make sure it addresses a significant risk and will be good use of internal audit resources.
  3. The Factsheet provides a guide for classifying the types of activities internal audit could consider as legitimate advisory services.
  4. The Factsheet provides a model ‘Management Request Acceptance Form’.

Relevant Industries

All

Level of Assumed Knowledge

Expert