Supporting International Standards
Globally Coordinated Internal Monitoring Programs: Practical Considerations
TAC and FOF
Nov 21, 2016 | Surveys & Reports
Compiled by staff of the Transnational Auditors Committee (the executive arm of the Forum of Firms), this paper offers general considerations to describe how networks might conduct their global monitoring programs as well as suggestions and practical examples to consider with respect to implementing such programs.
As with any materials issued by the Forum of Firms, this paper does not provide a comprehensive discussion or a complete summary of all facets of an internal monitoring program or related professional standards. Consequently, as not all aspects of the professional standards (for example, ISAs) are discussed, readers should refer to those standards for all the requirements and in considering their own internal monitoring program.
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