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Should internal audit consult with risk assessment team prior to audit?

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Question added by Narendran Selvakumar , Manager - Internal Audit , Larsen & Toubro Limited
Date Posted: 2016/02/16

internal auditer will be a member of risk assesment team.also he know about the organisation how it works what kind of process is taking place so he don't need to consult with other members.

Ahmed OUESLATI
by Ahmed OUESLATI , IT Risk Manager | Auditor | Security Consultant | Quality Manager , National Digital Certification Autority (Certified ISO 9001:2008 by TUV Rheinland)

Risk assessment could be a part of internal audit

imran Noor -
by imran Noor - , Audit Officer , Auditor General of Pakistan

The internal audit team should consult risk assessment team to:

1-  Gain an understanding of what controls are needed to mitigate risks

2-  Highlight the newly identified risk areas

3-  Identify the procedures adopted to assess risks

  

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