Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,101,207 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Internal Audit

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.

An inspection and verification of the financial records of a company or firm by a member of its own staff to determine the accuracy and acceptability of its accounting practices.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Legal browser?   Full browser?
 
The principal roles for internal audit encompass evaluation of business processes, monitoring of the conversion program, risk management and communications, education and training.
Only 16 per cent of respondents to KPMG's IT internal audit survey have rolling or quarterly planning processes in place, while a quarter of respondents said that they didn't use a planning framework at all.
An effective internal audit function plays a key role in assisting the board to discharge its governance responsibility.
 
 
 
Legal Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.