Internal Audit
Internal audit is a type of consulting engagement and an objective assessment of an Enterprise’s operations. Internal audit can be conducted to assess the strengths and weakness of financial, operational and information technology systems. Having regular internal audits can help a business improve governance, reduce risks, obtain insights and develop good management systems. Having a good internal audit team committed to independence, integrity and accountability, would serve as an excellent source of advice for the Management team.
Internal Auditors unlike Statutory Auditors do not have any statutory or legal responsibilities. Hence, internal Auditors have the liberty to consider issues beyond their scope of audit and can help an organization with its growth. Hence, a good internal audit not only provides assurance, but also consulting to help the business improve or mitigate weakness.
AuditNeeds can help you find an internal auditor for your Business with ease.