1. What do internal auditors mean when they refer to nature, extent and timing of audit procedures?

   		Nature of the audit, extent of the cooperation of the auditee, and the amount of response time given to the auditee.
   		What type of audit procedures/audit evidence are performed/collected, the amount of evidence collected, and the time of year (year-end or interim) the audit evidence is collected.
   		Nature of the audit procedures, extent of coordination with the external auditor, and the amount of time (audit hours) included in the budget.
   		The location of the audit procedures (in the field or behind the desk), the extent of data analytics applied to the audit evidence, and the amount of time (audit hours) included in the budget.