Internal Control Task Force
Internal Audit Process Work Group
Guidance on risk-based audit planning
This subcommittee provides internal audit units with tools to assist them in assessing risk within their organizations and developing an audit plan that focuses on the areas of highest risk. The group identifies best practices currently in place at individual agencies and provides guidance on specific approaches to increase efficiency, such as utilizing validated self-assessments prepared by program staff as part of the entity's internal control review program.
To view the report on the internal audit process, click here.