Internal audit workpapers can be seen as a “link” between actual internal audit procedures and the reports issued as results of an internal audit process, created...
Internal audit role, performed by internal auditors, requires core competencies. This post lists seven internal audit core competencies internal auditors should have—beyond internal audit standards—for planning...
The SAS does not require the independent auditor to use the work of internal auditors. However, SAS 55 (Section 319), Consideration of Internal Control in a...
What is the role of internal Audit? The historic basic role of internal audit has been to test on an interim basis the operations of internal...
The internal audit department’s efficiency [in general] can be difficult to measure; What kind of measurements a controller or CFO possibly performed? What to measure? How...