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All issuesVolume 336, Issue 3IT NewsSecurity Boulevard

What Are The 5 Stages Of The Internal Audit Process

Security Bouelevard, Wednesday, March 18th, 2026

Internal audit in a SOX‑scoped, multi‑ERP environment is no longer just about periodic reviews and sample testing. High‑reliability organizations are moving toward data‑driven, continuous assurance - but the underlying audit methodology is still built on five core stages: planning, risk assessment, fieldwork, analysis and reporting, and follow‑up/monitoring.supervizor+1

This article walks through each stage from a technical perspective, and shows how platforms like SafePaaS plug directly into the audit lifecycle as a control data and automation layer.

Stage 1: Planning - From Audit Universe to Executable Audit Program

In a mature internal audit function, planning goes beyond selecting an area and drafting a generic work program. It's about building a defendable, risk‑based audit plan and translating it into detailed procedures that can be executed and re‑used.

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