Appearance
Audit & Inspection
Two distinct forms of independent scrutiny: internal audit, which you conduct on yourself, and regulatory inspection, which a supervisory authority conducts on you.
Pages in this area
| Page | Route | What it does |
|---|---|---|
| Audit Management | /audit | Plans, engagements, fieldwork, findings and sign-off |
| Regulatory Inspections | /inspections | Supervisory examinations, items and responses |
Documentation for this area
| Article | What it covers |
|---|---|
| Audit & Oversight overview | Why the two are deliberately separate |
| Audit Planning | Plans and the advisory audit universe |
| Audit Engagements | Lifecycle, scope linking and dates |
| Audit Fieldwork | Procedures, test results and workpapers |
| Audit Findings | The governed retest rule |
| Audit Sign-off | Opinions and the immutable report freeze |
| Regulatory Inspections | The inspection container and correspondence |
| Inspection Items | Candidates, confirmation and canonicalisation |
| Inspection Responses | Response packages and submission snapshots |
A regulatory examination is not an internal audit with a different label
Modelling an inspection as an engagement would force you to invent an audit plan for something a regulator scheduled, and put the authority's observations into a workpaper structure they never produced.
Permissions and entitlement
Audit requires the Audit Management entitlement; inspections require Regulatory Inspections & Examinations. Both reuse canonical findings, actions, controls, requirements and evidence.