Internal Audit

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Internal Audit

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.

References in periodicals archive ?
The IAS Charter is in keeping with the adoption by the Commission on Audit (COA) in 2016 of the Philippine Internal Auditing Framework for the Public Sector, which adheres to global professional practices.
The success of this award is reflected from the high interest we have received from internal auditing companies from across the UAE.
Internal Auditing Around the World showcases the achievements and vast industry knowledge of 22 talented women and the vital internal audit functions they lead.
The UAE Internal Auditors Association (IAA) in association with the Dubai Land Department hosted the second Internal Audit Government Forum 2016 to encourage chapters around the world to actively promote internal auditing.
External auditors should gather sufficient and appropriate evidence in order to make an evaluation of these three critical internal auditing attributes.
The correlation between internal auditing performance and information technology was 0.
check] Ensure that internal audit's activities fully comply with The International Standards for the Professional Practice of Internal Auditing.
As a part of this framework, a set of new standards for internal auditing was practiced by January 1, 2002.
It's the most comprehensive global study ever conducted on the practice of internal auditing.
What internal audit should do is described in the definition of internal auditing from the Institute of Internal Auditors (IIA):
Many companies have made large investments in internal auditing in recent years and they want to ensure that the internal audit function is adding value to their organizations.

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