Mon, Jul 1, 2024

Check out the 10 most frequently viewed audit tools and publications on KnowledgeLeader in Q2 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. Procurement Internal Controls Audit Work Program

This sample audit work program reviews the internal controls in an organization’s procurement process.

3. 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.

4. Process Documentation Narrative and Flow Chart Guide

Discover the essential elements of process documentation narratives and flow charts with our comprehensive guide, including a process flow example.

5. Internal Audit Department Key Performance Indicators (KPIs)

This benchmarking tool provides a comprehensive framework for evaluating the performance of an internal audit department using different metrics and indicators.  

6. Treasury and Cash Management Audit Work Program

This work program template highlights audit procedures an organization should follow with respect to effective treasury and cash management.

7. Management Response to Internal Audit Reports Memo

Use the important points included in this memo to draft management responses to audit observations.

8. Enterprise Risk Management Questionnaire

This risk assessment questionnaire can be used when analyzing an organization’s ERM strategy.

9. Internal Audit Best Practices

Improve business operational outcomes and protect organizational assets with the internal audit best practices in this blog post.

10. Internal Audit Feedback Questionnaire

This tool includes 10 sample questionnaires that can be used by internal audit functions to gather client feedback and measure client satisfaction.