Enterprise Audit Management::Report Audits

Provide assurance to senior management and the enterprise Board that the enterprise operational processes and controls are effective and conform to relevant adopted standards (which may be externally imposed or internally adopted). Audit Management processes may be managed by external independent organizations, or by internal groups within the enterprise, but in either case are designed to support senior management/Board assurance. However, the assurance role of the processes is more related to reactive assessment. The processes ensure that appropriate reports relating to compliance and capability are provided to senior management/Board within appropriate defined timeframes.