The document is an overview of the Audit Booklet published in August 2003 by the FFIEC IT Examination Handbook. It summarizes changes made to the booklet, including reorganizing it to follow the examination process flow. New contents were added to address legislation like Sarbanes-Oxley and Gramm-Leach-Bliley Acts. It also specifically addresses outsourcing IT audits and third-party reviews. The booklet is organized into sections on audit roles and responsibilities, independence of internal audits, developing an internal audit program, risk assessment, audit plans, and additional topics like outsourcing. Appendices include examination procedures and resources.