The IIA and the Center for Audit Quality (CAQ) issued jointly the report that tackles how to enhance interactions among the internal and external auditors and the Audit Committee.
Intersecting Roles: Fostering Effective Working Relationships among External Audit, Internal Audit, and the Audit Committee explores the roles of these three parties with respect to risk management and the external audit. The report summarizes key takeaways from a series of 2014 roundtables, including challenges and opportunities for strengthening these relationships. The audit committee is highlighted as being well positioned to help maximize the roles of the internal and external auditors.
Read the report