There is no silver bullet for truly effective Audit Committee reporting, but applying these 10 tips will be a useful catalyst for your work in the internal audit space and for your continued improvement in your interactions with the Audit Committee and Board. They will allow you not only to meet the new Global Internal Audit Standards but continually improve the impact your work has on senior dialogue and the quality of the internal control environment.

Ultimately, what matters is whether the internal audit reporting you do leads to faster and more effective improvement in internal controls. Time spent getting this reporting right, so it truly does justice to the great internal audit work you and your team are performing, is time well spent.