Combined Assurance
Combined Assurance Plan Status
Tracking planned versus completed combined assurance activities.
Tracking whether the combined assurance plan is actually delivered
Combined assurance, a King IV cornerstone, coordinates the assurance provided by management, internal audit, external audit and other providers so that significant risks are covered without wasteful duplication or dangerous gaps. A plan that exists on paper but is not delivered gives the board false comfort. AuditPro Core tracks planned versus completed assurance activities so the audit committee can see whether the combined assurance model is working in practice.
The Numbers
AuditPro Core renders this view from your tenant's live, tamper-evident records. The figures below are illustrative sample data.
Planned activities
86
Completed
52
60%
In progress
21
Slipped
13
behind plan
Plan status by provider
Delivery by provider
| Provider | Planned | Completed | Delivery % |
|---|---|---|---|
| Internal audit | 27 | 18 | 67 |
| Management | 29 | 16 | 55 |
| External audit | 14 | 9 | 64 |
| Compliance | 11 | 6 | 55 |
| Specialists | 5 | 3 | 60 |
Figures shown are illustrative sample data for demonstration. AuditPro Core renders these views from your own tenant's live, tamper-evident records.
The combined assurance model
King IV expects assurance from the three lines plus external providers to be coordinated into a coherent picture. The aim is that every significant risk is assured by someone, and no risk is assured wastefully by everyone.
Plan versus delivery
A combined assurance plan only adds value once executed. Tracking completion against plan exposes slippage before it becomes a coverage gap at year-end.
Coverage gaps
Activities that were planned but not delivered leave specific risks unassured. Identifying these gaps lets the committee act before relying on assurance that never happened.
Duplication and efficiency
Combined assurance also exposes where several providers cover the same ground. Visibility of the full plan lets effort be reallocated from over-assured to under-assured areas.
How AuditPro Core Bridges the Gap
- Plan tracking: each assurance activity carries planned and actual status so delivery is measured, not assumed.
- Provider mapping: activities map to providers and the risks they assure, exposing gaps and overlaps.
- Exception workflow: overdue or undelivered activities raise items for the audit committee.
- Audit-ready export: the delivery status supports the combined assurance reporting King IV expects.
Key Takeaways
- Combined assurance aims for full coverage without wasteful duplication.
- A plan adds value only once it is actually delivered.
- Undelivered activities create specific, locatable coverage gaps.
- Visibility lets effort move from over-assured to under-assured risks.
See This on Your Own Data
AuditPro Core renders this dashboard from your tenant's live, tamper-evident records — every figure traceable to source.