I need great article for the topic in the attachment.

STRATEGIC AUDIT Learning Outcome 1 The regulatory environment, including: o Laws o Rules and regulations which are put in place by the state, or other government entities,to control the behaviour and actions of business activities Professional conduct - the field of regulation of members of professional bodies acting under statutory or contractual powers. Rules of professional conduct to ensure proper standards of professional conduct are observed. Rules to include: Integrity Objectivity Confidentiality Competency Learning Outcome 2 The standards and responsibilities for internal auditors and internal audit activity. Impact of the global financial crisis - increase in legal and professional requirements when performing audit processes. Learning Outcome 3 The auditing process may include: Requesting documents Preparing an audit plan Holding an open meeting Drafting a report End meeting - to discuss the report. Audit Strategy Audit Plan Learning Outcome 4 Definition of audit risk Types of audit risk: Inherent risk Control risk Detection risk The audit risk model - used by auditors to manage the overall risk Link between account preparation and the audit conducted Definition of a financial audit Auditor reports Learning Outcome 5 Current and future audit services Internationalisation of accounting and auditing standards - for example, IAS Role of information technology in the audit process