Internal audit and Law: Difference between pages

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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
(Create page. Source: Oxford Dictionary of Law, 8th Edition, 2015)
 
Line 1: Line 1:
''Audit - assurance - risk management.''
1. ''Legal systems.''


Internal audit is a function within and organisation that:
The enforceable body of rules that govern any society.
*Evaluates the effectiveness of governance, risk management and control processes; and
*Reports to the board of directors or other senior management.




== See also ==
2. ''Legal systems.''
* [[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]]


[[Category:Accounting,_tax_and_regulation]]
One of the indvidual rules, or classes of rules, making up the body of law.
[[Category:The_business_context]]
 
[[Category:Identify_and_assess_risks]]
 
[[Category:Manage_risks]]
3.
[[Category:Risk_frameworks]]
 
[[Category:Risk_reporting]]
A principle or model that appears to have high predictive or descriptive value.
 
For example, the Law of comparative advantage in economics.
 
Or the Law of large numbers in statistics.
 
 
==See also==
*[[Adjudication]]
*[[Antitrust law]]
*[[Arbitration]]
*[[Cartel]]
*[[Case law]]
*[[Civil law]]
*[[Common law]]
*[[Company law]]
*[[Competition law]]
*[[Criminal law]]
*[[Economics]]
*[[Enforcement]]
*[[European Community law]]
*[[Execution]]
*[[Injunction]]
*[[International law]]
*[[Law of comparative advantage]]
*[[Law of large numbers]]
*[[Public international law]]
*[[Sovereignty]]
*[[State aid law]]
*[[State immunity]]
*[[Suit]]

Revision as of 13:36, 10 March 2021

1. Legal systems.

The enforceable body of rules that govern any society.


2. Legal systems.

One of the indvidual rules, or classes of rules, making up the body of law.


3.

A principle or model that appears to have high predictive or descriptive value.

For example, the Law of comparative advantage in economics.

Or the Law of large numbers in statistics.


See also

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