What is internal Audit

Question

Accepted Answer

Internal Audit is a process of evaluating and improving an organization's operations, risk management, and internal controls.

Internal Audit is an independent and objective assurance activity that helps organizations achieve their objectives.
It involves evaluating the effectiveness of an organization's risk management, control, and governance processes.
Internal auditors provide recommendations for improving operations, reducing risks, and enhancing internal controls.
They assess the reliability and integrity of financial and operational information.
Examples of internal audit activities include reviewing financial statements, conducting compliance audits, and assessing IT systems.
Internal Audit helps organizations identify and mitigate risks, ensure compliance with laws and regulations, and improve overall efficiency and effectiveness.

Accepted Answer

Internal audit is compny face . Right direction information in all staff and company portfolio growth for company benifit.

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