Strategic audit planning: the foundation of the effectiveness of the internal control system

“Well begun is half done.”

In Internal Audit, planning is the phase that determines the quality and effectiveness of the entire audit process, guiding priorities, resources and objectives before execution and reporting begin.

In her latest article, Sofia Tanduo, Internal Auditor at CAREL, examines how rigorous internal audit planning supports the effectiveness of control system: from defining the audit universe to applying a risk-based approach, integrating relevance and materiality analyses, and monitoring previous findings through systematic follow-up. 

For CAREL, an audit plan is not only a schedule of activities, but a dynamic governance tool that helps track the evolution of the internal control system over time.

Read the full article here: