Get Model Internal Audit Activity Charter

This guide provides clear and detailed instructions on how to complete the Model Internal Audit Activity Charter. Designed for users of all experience levels, it assists in navigating each section of the form effectively to tailor it to your organization's needs.

Follow the steps to complete the Model Internal Audit Activity Charter online.

1. Press the ‘Get Form’ button to access the Model Internal Audit Activity Charter and open it in your chosen editor.
2. Begin by filling in the 'Purpose and Mission' section. Enter the name of your organization where indicated and describe the primary aim of the internal audit department.
3. Complete the section on 'Standards for the Professional Practice of Internal Auditing.' Indicate adherence to relevant standards and frameworks, and include the name of the chief audit executive.
4. In the 'Authority' section, specify the reporting relationships and the responsibilities of the chief audit executive, along with the board, committee, or supervisory authority. Ensure you explain their approval responsibilities.
5. Fill out the 'Independence and Objectivity' section by detailing how the internal audit activity maintains independence and objectivity, including practices to disclose any potential impairments.
6. In the 'Scope of Internal Audit Activities' section, outline the objectives and areas of examination that the internal audit will cover.
7. Document the responsibilities of the chief audit executive in the corresponding section. Ensure accurate alignment with the internal audit charter.
8. Lastly, review the 'Quality Assurance and Improvement Program' section and incorporate plans for quality assessments and improvements.
9. Save your changes once you have completed the form. You can then download, print, or share the finalized Model Internal Audit Activity Charter.

Complete your internal audit documents efficiently and effectively online.