Internal Audit Functions

Internal audit functions involve independent evaluations within an organization to assess how well its risks are managed, controls are working, and operations are efficient. They review financial records, compliance with policies, and systems to identify areas for improvement or potential issues. The goal is to ensure the organization operates effectively, ethically, and in accordance with laws, helping management make informed decisions and prevent problems before they arise. Internal auditors act as an internal check to support the organization's success and integrity.