After establishing the engagement objectives and scope, internal auditors must determine the availability of appropriate and sufficient resources to achieve the engagement’s objectives, as required by Standard 2230 – Engagement Resource Allocation. The interpretation of Standard 2230 clarifies that appropriate refers to the mix of knowledge, skills, and other competencies needed to perform the engagement, and sufficient refers to the amount of resources needed to accomplish the engagement with due professional care.
The Institute of Internal Auditors
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