Audit Committee Reporting

Objective

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Provide the Audit Committee with the information and data they need from Internal Audit in a professional, concise and compelling manner.  Good quality reporting improves trust and builds stronger relationships

 

Delivery mechanism

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Collaborative workshops and one-on-one meetings

 

Process

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• Clearly define the needs and wants of the audit Committee based on their feedback during Audit Committee meetings as well as through Chief Audit Executive engagement with the audit committee members.  If necessary, engage with the Audit Committee members on a one-on-one basis to understand their requirements

• Identify the elements that need to be reported

• Identify the report format

• Determine the tone of the report

• Design a report layout in collaboration with the relevant Internal Audit staff

 

Outcome

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• Audit Committee reporting template for Internal Audit

 

Relevant fully customisable Action Assist modules

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• Internal Audit Assist (Coming soon)