Internal Audit Manual

ABC Company
Internal Audit Manual

Internal Audit Manual

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TABLE OF CONTENTS
TABLE OF CONTENTS...................................................................................... .....2
CHARTER......................................................................................... ....................5INTRODUCTION................................................................................................5
ORGANISATION AND BOARD REPORTING.........................................................5
AUTHORISATION AND RESPONSIBILITIES.........................................................5
REPORTING RESPONSIBILITIES.........................................................................6
MISSIONOBJECTIVE....................................................................................... ...6
STANDARDS AND ETHICS.................................................................................6
MISSION STATEMENT/OBJECTIVES/VALUES..........................................................7
MISSION STATEMENT........................................................................................7VALUES...................................................................................................... .......7
GENERALLY ACCEPTED AUDITING STANDARDS...................................................8
100 INDEPENDENCE............................................................................. ............8
110 ORGANISATIONAL STATUS.........................................................................8
120OBJECTIVITY..............................................................................................9
200 PROFESSIONAL PROFICIENCY..................................................................10
210 STAFFING................................................................................................ .10
220 KNOWLEDGE, SKILLS, ANDDISCIPLINES.................................................10
230 SUPERVISION..................................................................................... ......10
240 COMPLIANCE WITH STANDARDS OF CONDUCT.......................................11
250 KNOWLEDGE, SKILLS, AND DISCIPLINES.................................................11
260 HUMAN RELATIONS AND COMMUNICATIONS...........................................12
270 CONTINUINGEDUCATION........................................................................12
280 DUE PROFESSIONAL CARE......................................................................12
300 SCOPE OF WORK.....................................................................................13
310 RELIABILITY AND INTEGRITY OF INFORMATION.......................................13
320 COMPLIANCE WITHPOLICIES, PLANS, PROCEDURES, LAWS, AND
REGULATIONS................................................................................................14
330 SAFEGUARDING OF ASSETS....................................................................14
340 ECONOMICAL AND EFFICIENT USE OF RESOURCES.................................14
350 ACCOMPLISHMENT OF ESTABLISHED OBJECTIVES AND GOALS FOROPERATIONS OR PROGRAMS..........................................................................15
400 PERFORMANCE OF AUDIT WORK.............................................................15
410 PLANNING THE AUDIT.............................................................................15
420 EXAMINING AND EVALUATING INFORMATION..........................................16
Internal AuditManual

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430 COMMUNICATING RESULTS......................................................................16
440 FOLLOWING UP....................................................................................... .17
500 MANAGEMENT OF THE INTERNAL AUDITING DEPARTMENT.....................17
510 PURPOSE, AUTHORITY, AND RESPONSIBILITY.........................................17
520...