Internal audit: Difference between revisions
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imported>Doug Williamson (Create page. Source: CIIA webpage https://www.iia.org.uk/about-us/what-is-internal-audit/) |
imported>Doug Williamson (Correct typo "an".) |
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''Audit - assurance - risk management.'' | ''Audit - assurance - risk management.'' | ||
Internal audit is a function within | Internal audit is a function within an organisation that: | ||
*Evaluates the effectiveness of governance, risk management and control processes; and | *Evaluates the effectiveness of governance, risk management and control processes; and | ||
*Reports to the board of directors or other senior management. | *Reports to the board of directors or other senior management. |
Revision as of 21:51, 7 June 2021
Audit - assurance - risk management.
Internal audit is a function within an organisation that:
- Evaluates the effectiveness of governance, risk management and control processes; and
- Reports to the board of directors or other senior management.
See also
- Assurance
- Audit
- Auditing standards
- Auditor
- Auditors’ report
- Audit trail
- Board of directors
- Chartered Institute of Internal Auditors
- Control
- Corporate Reporting Council
- Developments in corporate and market regulation: implications for the treasurer
- Governance
- Risk management
- Third line of defence
- Value for money