ToolAudit Planning
Audit Scope Builder Tool
Turn a broad request such as “audit procurement” into a clear, risk-based scope linking objectives, risks, processes, locations, systems and exclusions.
PDF • 6 Pages • Free
Tool
Risk Prioritization Tool
Reduce a long risk list to the few risks that deserve audit attention, scoring impact, likelihood, velocity, control weakness and sensitivity.
What you'll find inside
- Purpose and when to use the tool, with a five-step method
- Core inputs: risk statement, impact, likelihood, velocity, control maturity, sensitivity, recent incidents and auditability
- A 1–3 scoring matrix for impact, likelihood, velocity, control weakness and sensitivity
- A one-page working sheet to complete during planning, fieldwork or issue validation
- A worked example showing how a risk is scored and ranked
- Five quick-reference reminders for transparent, comparable risk ranking
Best for
- Annual audit planning
- Engagement-level risk assessment
- Prioritizing unranked management concerns
Resource information
- Format:
- Pages:
- 6
- Price:
- Free
- Registration:
- Not required
© Salih Ahmed Islam
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