ToolInternal Controls
Audit Evidence Sufficiency Tool
Test the quantity, relevance, reliability and corroboration of your evidence before finalizing a finding or conclusion.
PDF • 6 Pages • Free
Tool
Finding Significance Tool
Rate findings consistently by combining consequence, exposure, control failure, recurrence and urgency, mapped to your own rating methodology.
What you'll find inside
- Purpose and when to use the tool, with a five-step method
- Core inputs: finding, consequence, exposure, population affected, compliance impact, control breakdown, recurrence, speed of impact, management awareness and compensating controls
- A scoring matrix for consistent issue rating across audits
- A one-page working sheet to complete during planning, fieldwork or issue validation
- A worked example of rating a finding
- Five quick-reference reminders for defensible ratings
Best for
- Consistent issue rating across audits
- Audit Managers reviewing reports
- Calibrating ratings with management
Resource information
- Format:
- Pages:
- 6
- Price:
- Free
- Registration:
- Not required
© Salih Ahmed Islam
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