The document outlines good internal audit practices and working with a board audit committee. It discusses establishing vision, mission, and quality policies. It also discusses structured audit documentation and coverage, automation tools, seminars for auditees, and using computers. The document recommends the audit committee meet quarterly to review the audit plan, results, and status updates. It also suggests the internal auditor act as a liaison between the committee and business to ensure reliable information, compliance, and efficient use of resources.