Requirement Details
This domain addresses engagement planning, fieldwork, and reporting requirements for internal audit services. It covers risk-based audit planning methodologies, developing engagement conclusions that summarize results relative to engagement objectives, and monitoring implementation of action plans. The domain establishes standards for engagement planning, including scope determination, resource allocation, and work program development. It requires appropriate evidence gathering, documentation standards, and supervision requirements. Communication of results must be accurate, objective, clear, concise, constructive, complete, and timely. The domain also covers advisory services and special investigations.