The internal auditor and her supervisor are in dispute about a risk that was not tested during an audit of the procurement function. Which of the following tools would best support the auditor ' s decision not to test the risk?
An assurance map is a tool that provides a visual representation of the coverage of risks by various assurance providers. It supports the auditor ' s decision by showing which risks are being addressed by internal audit and other functions, and which risks are not being tested. This can help justify the auditor ' s decision not to test a particular risk, by demonstrating that it has already been covered or deemed low priority. References:
" Internal Auditing: Assurance & Advisory Services " (The Institute of Internal Auditors)
" Creating an Assurance Map " (IIA Practice Guide)
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