Overview

Internal Audit Staff members will review the Internal Audit Test attached to an Internal Audit Project. Internal Audit Tests are designed to evaluate the effectiveness of a Control. Once a member of the Internal Audit Leads/Managers user group has moved the audit project into the Fieldwork state, staff members can review the tests attached to the project. Once a test has been reviewed and updated, it is then sent back to the lead for the final review.

User Account Requirements

The user account used to log into Resolver must be added to the Internal Audit Staff user group.

Related Information/Setup

Before creating an Internal Audit Project, you must first assess what elements you want to audit, create an Audit Plan, and manage the plan by advancing the plan through the different statuses until the plan is Active.

• Create an Internal Audit Plan
• Activating an Internal Audit Plan

Please refer to the Creating an Internal Audit Project article for further information on creating an Internal Audit Project.

Please refer to the Final Test Review as an Internal Audit Lead article for further information on finalizing a test review.

Navigation

• From the Home screen, click an Internal Audit Project in the Fieldwork stage from the My Tasks section.

My Tasks

Alternate Navigation

1. From the Home screen, click the Home dropdown and select the Internal Audit Management link.

Home Dropdown

2. From the Risk Assessment screen, click on the Fieldwork tab.

Fieldwork Tab

3. From the Fieldwork screen, click on the Internal Audit report name that contains the Control Test you want to perform from the Audits in Progress section.

Internal Audit Report

4. From the Audit Project Overview screen, click on the Expand icon on the Navigation Tree to expand the nodes until you find the desired tests.
5. Click the test to open the Test Details tab. Tests are indicated with a T icon next to the test name on the node.

Test Overview Pop-up

Filling out an Internal Audit Control Test

1. (Optional) From the Test Details tab, users can apply edits to the following fields:

• Test Procedure: The Test Procedure field allows you to enter step-by-step test instructions.
• Method: Select a test method from the Method dropdown list. Multiple methods can be added for each test.
• Inspection: The Inspection method involves evaluating an entity's assets (e.g., missing data files, etc.)
  • Inquiry: The Inquiry method involves conducting employee interviews to gain insight into job responsibilities and procedures.
  • Observation: The Observation method involves a person observing a process or activity without direct connection with the people being observed. 
  • Reperformance: The Reperformance method involves the auditor reproducing internal controls.
  • Analytical Procedure: The Analytical Procedure method looks at the entity's financial reporting standards (e.g., GAAPs, etc.).
• Type: Select a test type from the Type dropdown list.
  • Design: A Design test looks at an entity's current controls and whether the control in place effectively satisfies the control's objectives for alleviating the risk.
  • Operations: An Operations test looks at an entity's current controls and whether the control is operating as designed, and if the person performing the control is conducting the control effectively (e.g., authority, education, etc.).
• Controls Table:
  • Unique ID: The Controls unique ID number which represents the control throughout the system.
  • Name: The control's name.
  • Description: A brief description of the control.
  • Total Samples Planned: The number of samples planned to be tested.

Test Details Tab

2. In the Test Evaluation section: 

• # of Samples Tested: Enter the number of samples tested.
• # of Samples Failed: Enter the number of samples that failed the Audit Test.
• Test Result Summary: Enter the test result's description in the text box.
• Working Papers: Add supporting document files (up to 100 MB per file) to the Audit by dragging and dropping the files in the designated area or clicking the Add File link and selecting a file from the connected PC, the following file types .bat, .exe, .gif, .sh, .dll, and .com cannot be uploaded. You can also add web links to supporting documents by clicking on the Click to add a web link to a file section within the Working Papers field or clicking the Add Link link. Enter a Display Name and URL Link on the Web Link pop-up and click the + Add Link button to add a web link.

Web Link Pop-up

• Test Results: Select the test's result from the Test Result dropdown list.

Test Evaluation Section

3. Click Send for Review to send the test to the Internal Audit Lead for review. The system will automatically fill out the Prepared By and Prepared On fields using the ID of the user who sent the test for review and today's date.

Send for Review Button