Internal Audit Handbook（2007）D11-Management of Internal Audit.pdfVIP

Special Topics and Supplementary Discussion D | 11 | 11.1 Management of Internal Audit Operational Audit Management 11 Management of Internal Audit 11.1 Operational Audit Management Key Po I nts ••• • Audit management is influenced by the different management levels within the internal audit department and their respective focus on different tasks. • Audit management consists of different components: audit planning, quality management, performance management, and audit control. Management of the internal audit function is influenced by the various manage- InternalInternal AuditAudit ment levels within the department as well as management’s focus on different tasks. ManagementManagement LevelsLevels The CAE keeps track of the implementation of the annual audit plan and of audit control as a whole, while the Audit Managers perform management tasks during the audit execution. Audit leads are responsible for the audit process from their specific perspectives. The type and complexity of the tasks to be monitored by audit management oorientationrientation ofof t tasksasks should also be considered. Strategic tasks, such as the introduction and use of a benchmarking system, require as much management control as a complex audit itself. Management tasks include cooperation and the joint identification of solu- tions with the parties concerned when bottlenecks or other problems occur. This requires the cooperation of all management levels within Internal Audit and with the auditees.