The chief audit executive must report periodically to senior management and the board on the internal audit activity’s purpose, authority, responsibility, and performance relative to its plan and on its conformance with the Code of Ethics and the Standards. Reporting must also include significant risk and control issues, including fraud risks, governance issues, and other matters that require the attention of senior management and/or the board.
2060 – Reporting to Senior Management and the Board
Recommended The IIA Oct 01, 2016
The IIA
The Institute of Internal Auditors
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