4 Questions
What may be included in the audit function reports to those charged with governance and oversight?
Results of management progress on agreed-on implementations
What is one of the responsibilities that may be included in the audit charter?
Required reporting to governance on the independence of the function
When should the audit charter be reviewed to ensure alignment with the enterprise mission and strategies?
At least annually and when responsibilities change
Under what circumstances should an immediate review of the audit charter be conducted?
If the enterprise mission or strategies change
Test your knowledge on the accountability of the audit function and the reports provided to those charged with governance. Explore topics such as management progress updates, audit department performance metrics, and responsibilities outlined in the audit charter.
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