internal audit

(redirected from internal auditor)
Also found in: Dictionary, Thesaurus, Legal, Financial, Wikipedia.
Related to internal auditor: Certified Internal Auditor

in·ter·nal au·dit

(in-tĕr'năl aw'dit)
An assessment of records and data in a business or professional organization by an employee of that organization to verify that documentation and operations are accurate and legal.
Medical Dictionary for the Health Professions and Nursing © Farlex 2012
Mentioned in ?
References in periodicals archive ?
Historically, IA departments have faced many challenges; particularly concerning the satisfaction of employees as low employee satisfaction will lead to a decrease in productivity (Shahnawaz and Jafri, 2009) Similarly, Hodge (2012) mentioned that, many internal auditors have become dissatisfied with the current jobs, which in turn has led to a reduction in productivity within the organization and has decreased the levels of performance.
Conducted researchs on the role of internal auditors indicate that internal auditors have significant role in auditing committees [23].
As per the Institute of Internal Auditors IPPF (International Professional Practice Framework), 'internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations.
The book focuses on meeting the requirements of the Internal Auditors and adapting to his position as an added value for any organization.
As noted in the IIA's Position Statement (Whistle-blowing and the Internal Auditor), whistle-blowing can bring some difficult ethical decisions for the internal auditor, in the following circumstances where:
The association's founder, Terry McEachern, got the idea for the ACUIA after attending a professional seminar in 1988 when she met a few other credit union internal auditors.
Established in 1941, The Institute of Internal Auditors (IIA) is an international professional association with global headquarters in Altamonte Springs, Florida, USA.
The internal auditor must be independent from activities that are reviewing.
As internal auditors, we are not independent of DoN, we are part of it.
The core characteristics of the internal audit function require a brief presentation because in some circumstances some of the internal audit functions are carried out by government employees who do not have the title or the formal responsibilities of an internal auditor, while in other circumstances, government employees with the title of internal auditor and the putative internal audit responsibilities, do not perform internal audit functions.
Such reliance requires a determination that the internal auditor is both competent and objective according to PCAOB Auditing Standard 2201, An Audit of Internal Control Over Financial Reporting That Is Integrated With an Audit of Financial Statements.

Full browser ?