Check out the 10 most frequently viewed audit tools and publications on KnowledgeLeader in the first quarter of 2024.
1. Entity-Level Controls: The Importance of Setting the Tone
This blog post explains the importance of entity-level controls and explores the COSO Framework.
2. Internal Audit Department Key Performance Indicators (KPIs)
This tool includes three sample documents that provide guidance internal audit and management can use to evaluate their performance measurements.
3. Process Documentation Narrative and Flow Chart Guide
Use this guide, which includes a process flow example and guidance on other elements to incorporate, to develop an adequate understanding of your organization’s processing environment.
4. Enterprise Risk Management Questionnaire
This questionnaire can be used when analyzing an organization’s enterprise risk management strategy.
5. Process Classification Scheme (PCS)
The Process Classification Scheme (PCS) is a framework used by Protiviti that can be utilized to organize information about a company according to relevant business and/or industry processes.
6. Director of Internal Audit Job Description
These two samples outline the responsibilities, key selection criteria and general information for the director of internal audit role.
This tool provides three sample planning memos, which serve as a report of an internal audit function’s high-level assessment of the company’s audit planning process and outline what should be included in an audit planning memorandum.
8. Management Response to Internal Audit Reports Memo
Use the important points included in this memo to draft management responses to audit observations.
9. Sarbanes-Oxley Section 404 Compliance Guide
Organizations can use this document as a guide for establishing their framework and standard policy for compliance with Section 404 of the Sarbanes-Oxley Act (the Act).
10. Internal Audit Risk Assessment Audit Committee Report
Summarize the results of your internal audit risk assessment to the audit committee with these three sample audit reports.