unified

UC-AUDIT-02 — Establish a board-approved internal audit mandate and charter

The board establishes and approves the internal audit mandate - the function's authority, role, and responsibilities - and documents it in an internal audit charter that is reviewed and reapproved periodically. The charter grants unrestricted access to the records, personnel, and physical property relevant to engagements, and the board and senior management visibly champion and support the mandate. The approved charter and review records are retained.

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Catalog revision: 24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028. A connection does not establish full coverage.

Attributes

domain
Compliance, Audit & Assurance
type
preventive
category
administrative

Details

unified_id
UC-AUDIT-02
title
Establish a board-approved internal audit mandate and charter
statement
The board establishes and approves the internal audit mandate - the function's authority, role, and responsibilities - and documents it in an internal audit charter that is reviewed and reapproved periodically. The charter grants unrestricted access to the records, personnel, and physical property relevant to engagements, and the board and senior management visibly champion and support the mandate. The approved charter and review records are retained.
domain
Compliance, Audit & Assurance
control_type
preventive
control_category
administrative
members
  • framework
    iia-2024
    control_id
    Principle 6
    coverage
    full
    relationship
    superset_of
  • framework
    iia-2024
    control_id
    Std 6.1
    coverage
    full
    relationship
    superset_of
  • framework
    iia-2024
    control_id
    Std 6.2
    coverage
    full
    relationship
    superset_of
  • framework
    iia-2024
    control_id
    Std 6.3
    coverage
    full
    relationship
    superset_of
guidance

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