The audit organization should establish policies and procedures on independence and legal and ethical requirements that are designed to provide reasonable assurance that the organization and its personnel maintain independence and comply with applicable legal and ethical requirements.
Form 4: Audit Organization Background Information
8. Describe the authority of your audit organization, how the Audit Director is appointed, to whom the audit organization reports, and where the audit organization is located within the governmental entity. Please attach an organization chart, if available.
9. Describe the mission, duties, and responsibilities of your audit organization. Include any duties or responsibilities other than auditing performed by your audit organization as required by charter, ordinance, trust indenture, state statute, benefit/retirement plan, etc.
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