Critiquing the IIA's Guidance on Communicating Audit Results

Norman Marks reviews the IIA's new Global Practice Guide on Communicating Results of Internal Audit Services, highlighting both its strengths and weaknesses. He praises the emphasis on understanding stakeholder needs but criticizes the guide's adherence to a non-risk-based approach for audit opinions, advocating instead for conclusions focused on the effectiveness of controls over significant risks to enterprise objectives. Marks provides actionable recommendations for internal audit practitioners to improve their communication strategies, emphasizing clarity, timeliness, and a strong risk-based perspective.