workflow

Annual Internal Audit Planning & Resource Management

Runs the chief audit executive's annual internal audit planning cycle on a per-cycle Audit item created for the year (audit_type=internal, e.g. "Annual IA Planning Cycle FY20XX", status PLANNED→COMPLETE, period_start/period_end = the plan year) — the anchor the workflow instance and every cycle document and link hang off, since no native plan/cycle type exists. It consumes the standing (prior-year) audit universe carried in as Process items plus the prior cycle's archived instance and universe memo, and enriches rather than recreates it: it refreshes the audit universe and the documented understanding of governance, risk, and control processes, ranks the universe by residual risk, develops the internal audit strategy and the risk-based audit plan, resources it with a budget, staffing, and technology plan, tests resource sufficiency, obtains board approval, and reassesses the plan and resources on the quarterly refresh. In scope is the enterprise-level planning cycle from audit-universe refresh through board approval, plus the quarterly plan-and-resource reassessment; delivering the individual engagements is out of scope — the approved engagement list (the created engagement Audit items) hands off to each engagement's own audit engagement planning workflow.

Record JSON · Open in map · Data retrieval guide

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

Attributes

domain
audit
department
internal-audit
lineOfDefense
operate

Details

teams
  • internal-audit
domains
  • audit
standards
  • iia-2024
sourceTemplateId
workflow-library:audit-annual-internal-audit-planning-resource-management
releaseId
sha256:2e25e6b33c874dbffd18cd204117039793dba7390af3d1956eb91cbbd82141f7
canonicalUrl
https://workflow-library.com/all/?w=audit-annual-internal-audit-planning-resource-management
capabilities
    mappingStatus
    mapped
    lineOfDefense
    operate
    controls
    • UC-AUDIT-09
    • UC-AUDIT-10
    roleIntegrity
    activityCount
    3
    ermPhases
    • manage
    • monitor
    lineRoles
    • third
    serviceModes
    • advisory
    warnings

      Source

      No record-specific source URL is provided.

      Download workflow template · Release: sha256:2e25e6b33c874dbffd18cd204117039793dba7390af3d1956eb91cbbd82141f7

      Connections