Internal Auditing
is and independent ,objective assurance and consulting activity designed to add value and
improve an organization's operations.It helps an orgnization accomplish its objectives by
bringing a systamatic,discplined approach to evaluate and improve the effectivness of
risk manegment,control and governanace process.
Standard 2120
It helps orgnization to maintain effective controls by evaluating their effectivness and
efficiency and by promoting continuos improvement.
Objective of the Institute of Internal Auditors:
to cultivate,promote,disseminate ...