A chief audit executive (CAE) joined an organization in the middle of the financial year.

Commit to delivering the original annual audit plan as it has already been approved by the board

Revise the plan to incorporate the newly identified risks, and communicate significant interim changes to senior management and the board for review and approval

Ensure that the newly identified risks are included in the next year's annual audit plan

Assign internal auditors to immediately perform assurance engagements in the areas where the new risks have been identified, due to their significance