To: CEO, TechNet
From: TechNet, Vice President Internal Audit
battleground: emancipation and objectiveness of the audit department.
According to our audit need which was approved by the room, the management audit activity should be independent, and management auditors should be purpose in performing their work. Independence and objectivity argon achieved through the organizational stead of the sexual audit function, the degree of objectivity maintained by the knowledgeable auditors, and the authority and responsibility given to internal auditors.
Our organizational status allows the internal audit activity to fulfill its responsibilities. We must pull in the support from the board of come outors and the management so that we can rack up support from the auditees and perform our work without any interference. We report presently to the CEO who has enough authority to promote independence, and to ensure nonsensitive audit coverage, and also to ensure that appropriate action is taken on audit recommendations. I also have direct access to the Chair of the Audit Committee of the board. Submitted annually to the board for information, and to the CEO for approval, are the audit work schedule, staffing plans, and financial budgets.
to a fault submitted are activity reports, any significant information, and immediate respect of anything taking place at TechNet which is at risk.
Our department is objective in performing audits. Objectivity is an unbiased mental placement that allows us to perform engagements in such a expression that we have an honest belief in our work output and that no significant quality compromises have been made. It requires us non to subordinate our judgement on audit matters to that of others. In point to avoid conflicts of interest all of our audit staff are required to inform me of any potential conflicts, and if any conflicts spring the staff shall be re-assigned immediately.
In set up to ensure objectivity audit staff...If you want to get a full essay, order it on our website: Orderessay
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