Internal Auditing
- Topics:
- Audits
- Tags:
- Audit,
- Auditing,
- Business Operations,
- Consulting,
- Finance,
- Financial Accounting,
- It Operations,
- Outsourcing,
- Outsourcing & Subcontracting
- Source:
- mrsciacfe.cjb.net
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Overview: Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Internal auditors evaluate how well the control processes designed by managers function, and therefore the extent to which managers can have reasonable assurance business objectives will be realized. The internal audit function reports to top management and normally has direct communication with the audit committee and the board of directors. Because of their expertise and thorough knowledge of operations, internal auditors often fulfill a consulting role to top management.
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Format: HTML | Date: May 2003 | Pages: 1
