Internal Audit

What are the Key Roles of Internal Audit Function in Corporate Governance

What is Corporate Governance? Corporate governance is characterized as the oversight of an enterprise’s practices, policies and processes. At its most basic level, the term “governance” represents a collection of procedures and structures meant to assist an enterprise in achieving its goals. Risks that impact an enterprise’s capacity to fulfill objectives and the enterprise’s attempts …

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What Are Value for Money Audits and Why is It So Important to the Company?

What is a value for money audit? A value for money audit is an independent assessment to determine if the use of resources or funds is economical, efficient, and effective in a project or an entity. Auditors will evaluate the utilization of resources and funds concerning the intended purpose or the organization’s vision and mission. …

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What are the Key Contents of the Internal Audit Report That Should be Included

What is a value for money audit? A value for money audit is an independent assessment to determine if the use of resources or funds is economical, efficient and effective in a project or an entity. Auditors will evaluate the utilisation of resources and funds in relation to the intended purpose or the organisation’s vision …

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