Chief Audit Executive’s Domain III Toolkit
Audit Tools | May 22, 2024
Chief Audit Executive tools for communicating with the board and senior management
In the Global Internal Audit Standards, Domain III: Governing the Internal Audit Function requires a discussion between the chief audit executive, the board, and senior management about not only the CAE’s responsibilities but also conditions of support from the board and senior management that are essential for an effective internal audit function.
The Executive Summary is a concise, easy-to-understand synopsis that CAEs can distribute as part of this dialogue. The CAE Guide and Full Overview to Domain III and accompanying presentations provide CAEs with insights into carrying out the critical dialogue, explaining Domain III’s “essential conditions” to the board and senior management, and achieving the principles and requirements of the Global Internal Audit Standards.