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...Sheet iia ippf summary of results count percentage generally conforms partially nonconformance na number standard description assessment comments purpose authority and responsibility the internal audit activity must be formally defined in an charter consistent with definition auditing code ethics standards chief executive periodically review present it to senior management board for approval recognition mandatory nature recognised should discuss independence objectivity independent auditors objective performing their work organisational report a level within organisation that allows fulfil its responsibilities confirm at least annually direct interaction communicate interact directly individual have impartial unbiased attitude avoid any conflict interest impairment or if is impaired fact appearance details disclosed appropriate parties disclosure will depend upon proficiency due professional care engagements performed possess knowledge skills other competencies needed perform collectiv...