internal-audit-annual-plan

What problem does it solve?

This Skill helps internal audit teams create a defensible, risk-based annual audit plan that aligns with IIA standards and management/board approval expectations.

Core Features & Use Cases

• Risk-based planning: Builds an audit universe, scores inherent and control risks, and prioritizes engagements.
• IIA-aligned framework: Maps planning, communication/approval, and resource management requirements to a structured workflow and output.
• COSO integration: Ensures the plan covers COSO five components and 17 principles to support control-focused audit coverage.
• Stakeholder readiness: Produces plan artifacts ready for approval communication, including audit universe lists, scoring matrices, and resource allocations.
• Typical use cases: Annual planning at year start, major organizational/process/regulatory changes, M&A/new business lines, and auditor committee refresh requests.

Quick Start

Use the internal-audit-annual-plan skill to generate a complete annual internal audit plan for the year 2026 based on your organization’s current strategy, last year’s audit results, and applicable regulatory requirements.