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.  

In these samples, audit plan highlights include: review the new underwriting processes to verify that key controls are in place before the policy is bound; evaluate the processes and controls in place to provide complete and accurate data into and out of the reserving process; review the organization’s Gramm-Leach Bliley Act (GLBA) regulatory compliance program, specifically related to Section 501(b); and conduct periodic store audits to ensure compliance with the expected operational procedures to be performed.