What reference in their audit reports and department charter does a new audit department use in the interim period before they can be considered to be in conformance with the standards and use the phrase “conducted in accordance with the standards”?
A reference should not be made in either the IA function charter or the IA function audit reports. The reference may be made when the IA function’s quality assurance and improvement program demonstrates that the internal audit activity is in conformance with the Standards.
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