Internal audit function

From CNM Wiki
Revision as of 11:27, 15 July 2020 by EshwaN (talk | contribs) (Created page with "Internal audit function is the corporate function charged with assessing the effectiveness of the company's internal controls and risk management policies. ==Definitions=...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Internal audit function is the corporate function charged with assessing the effectiveness of the company's internal controls and risk management policies.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Internal audit function. The corporate function charged with assessing the effectiveness of the company's internal controls and risk management policies.