Check out the 10 most frequently viewed audit tools and publications on KnowledgeLeader in November.
1. Entity-Level Controls: The Importance of Setting the Tone
This blog post explains the importance of entity-level controls and explores the COSO Framework.
2. Enterprise Risk Management Questionnaire
This questionnaire can be used when analyzing an organization’s enterprise risk management strategy.
3. Physical Inventory Count Memo
This sample memo provides physical inventory instructions that a company can use to compare counted quantities to on-hand quantities in order to identify discrepancies.
4. Management Response to Internal Audit Reports Memo
Use the important points included in this memo to draft management responses to audit observations.
This tool provides three sample planning memos, which serve as a report of an internal audit function’s high-level assessment of the company’s audit planning process and outline what should be included in an audit planning memorandum.
6. Organizational Risk Assessment — Performed the Right Way
Protect your business and ensure continuity with the expertly crafted risk assessment template in this blog post.
7. Internal Audit Department Key Performance Indicators (KPIs)
This tool includes three sample documents that provide guidance internal audit and management can use to evaluate their performance measurements.
8. Internal Audit Risk Assessment Questionnaire
This tool contains three samples that provide questions organizations can use for assessing and improving their internal audit functions.
9. Internal Audit Feedback Questionnaire
This tool includes 10 sample questionnaires that can be used by internal audit functions to gather client feedback and measure client satisfaction.
10. Developing Budgets Key Performance Indicators (KPIs)
This benchmarking tool contains two examples that focus on cost-based, quality-based and timed-based performance measures for developing budgets.