Examples of 'risk-based audit' in a sentence
Meaning of "risk-based audit"
risk-based audit: An audit approach that prioritizes the allocation of audit resources based on the assessed risks of the audited entity. It involves identifying and assessing risks, and then designing audit procedures to address those risks
How to use "risk-based audit" in a sentence
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risk-based audit
A risk-based audit workplan has been prepared.
It has a multiannual risk-based audit plan.
Risk-based audit planning methodology is to be made compulsory.
Significant knowledge and experience of risk-based audit techniques.
O developing risk-based audit framework when required.
The risk register was used to produce a risk-based audit workplan.
The risk-based audit plan is updated annually.
We are always looking for ways to refine our risk-based audit program.
A risk-based audit plan is to be delivered.
Consultations will be carried out as part of the risk-based audit annual planning cycle.
A risk-based audit plan is in place and updated annually.
Volume 1 covers the fundamental concepts of a risk-based audit in conformance with the ISAs.
Percentage of risk-based audit reports issued with unsatisfactory ratings.
Welcomes the focus on key and recurrent management issues and on risk-based audit planning ;.
Improving the risk-based audit planning and audit methodologies.
See also
These procedures specifically require departments to ensure that there is a risk-based audit framework, which includes.
A risk-based audit approach is used for the selection of projects to be audited.
This makes it more difficult for the OIOS to conduct risk-based audit plans.
Risk-based audit and an implementation plan to control tax arrears have been introduced;.
O Implemented the recently developed internal audit plan and conducted a risk-based audit accordingly.
O Risk-based audit findings and control failures are addressed.
To focus audit resources on the most important areas, OIA uses a risk-based audit planning methodology.
The Division uses risk-based audit plans in developing its programme of work.
Review and recommend for approval by the Commissioner the Risk-Based Audit Plan ;.
The Division uses risk-based audit plans in determining its programme of work.
O Department follow-up of risk management meets the requirements of the Risk-Based Audit Framework.
A risk-based audit approach is also used for the selection of CFI facilities to be audited.
The Committee also reviews the Department 's risk-based audit plans and audit work.
The Office adopts a risk-based audit methodology and plans its audit activities on an annual basis.
OSFI has established an Internal Audit function and each year develops a comprehensive risk-based audit plan.
O Effectively completed a risk-based audit according to the audit plan and risk management framework.
O Treasury Board Secretariat has received a risk-based audit plan.
Implement the approved risk-based audit plan and report findings to the Departmental Audit Committee ;.
Under the TBS Policy on Transfer Payments, departments must develop a risk-based audit framework.
Risk-based audit planning OAI audit plans are risk-based and consistent with the goals of UNDP.
Purpose of the Risk-Based Audit Framework.
A Risk-Based Audit Framework will also be required.
Internal audits and evaluations are described in the Department 's Risk-based Audit and Evaluation Plan.
A risk-based Audit and Evaluation Plan is also available.
Welcomes the focus on risk-based audit planning ;.
The risk-based Audit Plan is still the one produced by Foreign Affairs.
To achieve this, we are implementing a streamlined risk-based audit plan.
TBS has developed a Risk-Based Audit Framework Guide to assist in this regard.
Also reviews the controls ' effectiveness through a risk-based audit programme.
O Adequacy of risk-based audit planning, including linkages to the Corporate Risk Profile.
UN-Women has also adopted risk-based audit planning.
The Risk-based Audit Framework prepared for the CTFP identified the following risks,.
In addition, HRSDC produced a transitional risk-based audit and evaluation plan.
Risk-based audit planning.
There is no risk-based audit plan as yet.
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