Risk-based Auditing: How effective and timely are managements plans for addressing deficiencies?

The audit objective, as per the approved Multi-Year Risk-Based Internal Audit Plan, related risk management strategies and practices, the information for decision making and reporting purposes as well as the extent of compliance to relevant policies, internal audit assists the Board and management in maintaining an effective internal control environment Read more…

Risk-based Auditing: How effective and timely are managements plans for addressing deficiencies?

The audit objective, as per the approved Multi-Year Risk-Based Internal Audit Plan, related risk management strategies and practices, the information for decision making and reporting purposes as well as the extent of compliance to relevant policies, internal audit assists the Board and management in maintaining an effective internal control environment Read more…