Successfully reported this slideshow. Show
Your SlideShare is downloading. × CIA Part 1 - Section I - Foundations of Internal Auditing - A. Purpose, Authority, and ResponsibilityCheck these out next
CIA Part 1 - Section I - Foundations of Internal Auditing - A. Purpose, Authority, and Responsibility
CIA Part 1 - Section I - Foundations of Internal Auditing - A. Purpose, Authority, and Responsibility More Related ContentSlideshows for youMore from Tariq Al-BashaFeaturedRelated BooksFree with a 30 day trial from Scribd See all Related AudiobooksFree with a 30 day trial from Scribd See all CIA Part 1 - Section I - Foundations of Internal Auditing - A. Purpose, Authority, and Responsibility
Which of the following best describes the purpose of the internal audit activity?Which of the following best describes the purpose of the internal audit activity? To add value and improve an organization's operations.
What is the main purpose of internal audit?The Role of Internal Audits
“The role of internal audit is to provide independent assurance that an organization's risk management, governance, and internal control processes are operating effectively.” An internal audit is conducted objectively and designed to improve and mature an organization's business practices.
Which one of the following best describes the role of internal auditing in following up on audit recommendations?Answer and Explanation: The correct answer is b. Internal Audit should determine if the management has taken appropriate action as agreed to and the desired results are being...
What are the main activities of an internal audit?What is the role of Internal Audit?. Verify the existence of assets and recommend proper safeguards for their protection;. Evaluate the adequacy of the system of internal controls;. Recommend improvements in controls;. Assess compliance with policies and procedures and sound business practices;. |