Assurance: An Audit Perspective

The main objective is to familiarise the learner with the internal audit environment. The International Professional Practices Framework – IPPF (including the Code of Ethics and Standards) and the key stakeholders (role-players) of internal auditing are introduced. Thereafter three concepts that form the basis of the work of internal auditing is introduced, namely internal control (what to audit), the internal audit process (how to audit) and tools and techniques that can assist the internal auditor during the internal audit process. In textbook 2, the audit process followed during the execution of an internal audit engagement is explained and practically applied to the various business processes within an organisation. Specific focus is placed on the information and communications technology environment and communicating findings (report writing).