Expanding the Mission of Internal Audit
- Topics:
- Audits
- Tags:
- Audit,
- Finance,
- Financial Accounting
- Source:
- Penton Media
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Overview: The concept of internal audit is defines in this article, and explains a statement - Best-of-class companies are taking the audit beyond statutory reporting requirements to add new value to the finance function. In fact, operational audits can save companies millions. Internal audits have been moving toward operational audits in which an attempt is made to uncover potential financial problems before they occur.
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Format: HTML | Date: Jul 1997 | Pages: 2
