Engagementworkfulfillsthegeneralpurposesandresponsibilitiesdescribedinthe charter,approvedbyseniormanagement,andacceptedbytheboard. Plansshouldbebasedonriskassessment. TheCAEestablishespoliciesandprocedurestoguidetheIAA. TheCAEensuresthattheIAA’sresourcesareappropriate,sufficient,andeffectivelyused. Theaudituniverseincludescomponentsoftheorganization’sstrategicplan. Resourcesoftheinternalauditactivityareefficientlyandeffectivelyemployed. 1 q q q s s s s s s s s s s