Effective Governance through Internal Auditing

• Date: December 01, 2009
• Source: www.metricstream.com

There is a widespread call for greater board (BoD) accountability and transparency - the twin key issues that engage boards are - What are the risks? and How are they managed? An Internal Audit function addresses both concerns. Internal Audit supports the BoD and its committees by independently assessing the effectiveness of an organization’s system of internal controls as well as compliance with statutory, legal and regulatory requirements.