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Audit committee adopts new global internal audit standards, auditors to update charter and strategy
Summary
The committee unanimously adopted the global internal audit standards and directed the audit division to close documented gaps, including creating a long‑term audit strategy and an internal audit manual.
Tulare County’s Audit Committee unanimously adopted updated global internal audit standards on April 9 after a presentation and gap analysis by the county’s chief of financial reporting and audit.
Katie K. Meyer, who identified herself as chief of financial reporting and audit, outlined the new framework effective Jan. 9, 2025: five domains, 15 principles and 52 standards. Meyer said the division’s gap…
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