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SPECIAL COUNCIL MEETING Agenda:Councillors:B. O. Sonqwenqwe H.F. Du Rand E. J. Lamprey G. MangcuQotyiwe A.M. Pokes F. Keep G. Library M.T.A. Start J.A. Matthew D.J. Julius J.R. van Chalky(Speaker)
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Identify the responsibilities and expectations of the acting chief audit executive role.
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Companies undergoing a transition period where a permanent chief audit executive is not yet in place.
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The Acting Chief Audit Executive (CAE) is a temporary position occupied by a professional responsible for overseeing the internal audit function of an organization during the absence of the permanent CAE.
Organizations that have an internal audit function and need to report its status for compliance or regulatory purposes are required to file for the acting chief audit executive.
To fill out the acting chief audit executive report, gather the necessary information about the acting CAE, including their qualifications, duration of their appointment, and responsibilities. Complete any required forms based on the organization's policies or regulatory requirements.
The purpose of having an Acting Chief Audit Executive is to ensure continuity and oversight of the internal audit processes when the regular CAE is unavailable, maintaining the integrity and effectiveness of the audit function.
The reported information typically includes the acting CAE's name, qualifications, the period of service, responsibilities, and any significant audit findings during their tenure.
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