What are the current or pressing issues or concerns in Philippine external auditing?

1. Context - Provide the PESTLE outside the organization which will be assessed for its effect/influence or impact

2.Assessment - Answer the following guide questions: What is the existing condition? Is it a strength or weakness? How will it affect or influence the mandate, objectives or functions?

3.Impact / Implication - Describe the nature of impact or implication, whether positive or negative. Explain, if necessary.

What are the current or pressing issues or concerns in Philippine internal auditing?

Context

Governance, organizational structure, roles and responsibilities

Policies, objectives and strategies Mission, Vision, Core Values Capabilities (resources and knowledge) Organization's culture Leadership Model Code of Conduct Employee Attitudes & Behaviors Incentive & Reward System Grievance Mechanism Information systems Standards, guidelines and models adopted Relationships with and perceptions of internal stakeholders Internal Audit Reports Form and extent of contractual relationship Key processes (e.g. Procurement, Financial Management)

2.Assessment - Answer the following guide questions: What is the existing condition? Is it a strength or weakness? How will it affect or influence the mandate, objectives or functions?

3. Impact / Implication - Describe the nature of impact or implication, whether positive or negative. Explain, if necessary.