Internal IT Audit Manager will functionally report to senior management

Status: Live

The internal audit manager will report functionally to a senior management official (i.e., CFO, controller, or similar officer). [UCF ID 01185]

Supporting and supported controls

This control directly supports:

Internal IT Audit Manager [UCF Control ID 00680]

There are no supporting controls.

Authority documents complied with:

FFIEC IT Examination Handbook – Audit, August 2003, Exam Tier I Obj 5.2; The King Committee on Corporate Governance, Executive Summary of the King Report 2002, March 2002, ¶ 4.1.4; Archer Control Table, ATCS-495

Banking and Finance Guidance

[Exam Tier I Obj 5.2, FFIEC IT Examination Handbook – Audit, August 2003]

Other European and African Guidance

The internal audit manager should report to the Chief Executive Officer and have access to the chair of the organization and the audit committee. [¶ 4.1.4, The King Committee on Corporate Governance, Executive Summary of the King Report 2002, March 2002]