IIA-Australia Factsheet - Internal Audit Report Control Ratings
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Author | IIA-Australia |
Date | 2023 |
Topics Explored | Internal Audit |
Format | Factsheet |
Extract/Description | To provide an informative and balanced internal audit report, it is suggested reports contain a rating against all objectives or scope items. And to provide even more information for a reader of the report, this can be differentiated to give a view of each of control design and control effectiveness. Differentiation of these two components allows an internal audit report to provide a clearer picture of what is occurring, and provides a more valuable audit outcome. |
Key Points |
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Relevant Industries | All |
Level of Assumed Knowledge | Intermediate |