Navigating the Audit Plan: Prioritizing Enterprise Risks Over Activity-Level Concerns

This article challenges internal auditors to prioritize enterprise-level risks in their audit plans, arguing against the common practice of focusing on activity-level risks that may not align with organizational objectives. It highlights the tension between IIA Standards 9.4 and 13.2, advocating for a strategic approach that ensures audit efforts provide assurance on risks most critical to the CEO and board.

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