From this assessment, an Audit Plan is developed and presented to the Audit Committee for approval. The plan addresses high-risk areas as well as allocates time for special ad-hoc projects. In ...

IACS staff conduct assurance audits of individual units and processes as part of the annual audit plan. Assurance audits typically follow a four-phase process from planning to following up. Reviewing ...

Requests for audit services may be submitted to the Chief Audit Executive at any time. Although unannounced audits are initiated where appropriate, typically the process consists of the stages shown ...