Treasury Internal Audit Framework Revised ... - National Treasury

• Establish the timing of performance of
the audit assignments; and
• Determine the reporting requirements
and deadlines.
Detailed information should be provided to the
AO and management such that there is an
enhancement of understanding the assignment’s
purpose and scope.
The operational IA plan should be submitted
to management for review prior to approval by
the AC.
In developing the operational IA plan the
following key issues must be remembered:
• Availability (capacity) and skills of IA
staff;
• Changes in the risk environment of the
organisation – the risk environment
should be assessed on an annual basis;
• Approval and acceptance of the
operational plan by the AC; and
• The materiality of ad-hoc requests as
this could have a significant impact on
the normal audit planning and timing
process.
The operational IA plan should be reviewed to
identify any amendment needed to reflect
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