Internal Audit

Learning Objectives: Understand the relevance and importance of the Purpose Statement, (Domain I) from both a chief audit executive and practicing internal auditor’s perspective. Learn how Domain IV (Managing the Internal Audit Function) will enhance communication between the chief audit executive and the internal audit functions stakeholders. Discuss the importance of the chief audit executive creating a strategy to position the internal audit function to fulfill its mandate and achieve long-term success (Domain IV). Identify how the chief audit executive is responsible for the internal audit function’s conformance with the Global Internal Audit Standards and continuous performance improvements.