Just What Is Internal Auditing?

Getting back to basics reminder:

“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.”*


* The International Standards for the Professional Practice of Internal Auditing
promulgated by the Institute of Internal Auditors