Combined Assurance
Assurance Mapping by Objective
Which assurance providers cover each strategic objective and where assurance gaps remain.
Why combined assurance needs a coverage map
King IV expects a combined assurance model that gives the governing body confidence that significant risks to strategic objectives are adequately covered, without duplication or gaps. Mapping which assurance providers, management, internal audit, external audit and specialists, cover each objective is the only way to see where assurance is thin or missing. AuditPro Core maps assurance providers to objectives and surfaces the gaps that leave objectives unassured.
The Numbers
AuditPro Core renders this view from your tenant's live, tamper-evident records. The figures below are illustrative sample data.
Objectives mapped
18
Fully assured
11
61%
Assurance gaps
4
no coverage
Over-assured
3
duplication
Assurance sources by objective
Coverage by objective
| Objective | Providers | Coverage | Gap |
|---|---|---|---|
| Financial health | 7 | Full | None |
| Service delivery | 4 | Partial | Outcomes |
| Good governance | 5 | Full | None |
| Infrastructure | 2 | Gap | Project assurance |
| Workforce | 3 | Partial | Skills risk |
Figures shown are illustrative sample data for demonstration. AuditPro Core renders these views from your own tenant's live, tamper-evident records.
Combined assurance
Combined assurance coordinates the assurance from all providers so that, together, they cover the institution's significant risks. It treats assurance as a portfolio, not isolated efforts.
The lines of assurance
Management provides first-line assurance, oversight functions the second line, and internal and external audit the third and beyond. Each line offers a different degree of independence.
Assurance gaps
A gap is an objective or significant risk that no provider adequately covers. Gaps are where unpleasant surprises originate because no one is looking.
Duplication and over-assurance
Mapping also reveals where multiple providers crowd the same objective. Reducing duplication frees scarce assurance capacity to address the gaps.
How AuditPro Core Bridges the Gap
- Coverage mapping: each strategic objective is linked to the assurance providers that cover it.
- Gap detection: objectives lacking adequate assurance are highlighted for action.
- Continuous monitoring: the map updates as assurance plans and objectives evolve.
- Audit-ready export: the combined assurance picture supports the report the audit committee gives the board.
Key Takeaways
- King IV expects combined assurance to cover significant risks without gaps.
- Map providers to objectives to see where assurance is thin or absent.
- Unassured objectives are where surprises originate.
- Cutting duplication frees capacity to close real gaps.
See This on Your Own Data
AuditPro Core renders this dashboard from your tenant's live, tamper-evident records — every figure traceable to source.