Governance
Internal audit should be suitably positioned, resourced, and have the authority within the organization to enable it to fulfill its role effectively and deliver robust assurance which feeds up through the management and governance frameworks.
Internal Audit governance ensures clarity over the purpose and responsibilities of the audit.
Audit governance ensures clarity over the purpose and responsibilities of the audit, that there’s an official mandate and clear departmental goals are in place.
Internal audit should be suitably positioned, resourced, and have the authority within the organization to enable it to fulfill its role effectively and deliver robust assurance which feeds up through the management and governance frameworks.