This definition reflects certain fundamental concepts: Internal control is a process. It is a means to an end, not an end in itself. Internal control is affected by people. It involves not only policy ...

The Institute of Internal Auditors is asking the federal government to give the internal audit function a key role in ...

Audits play a vital role in finance for several reasons: There are generally three types of audits: external, internal, and tax-related. An external audit is carried out by independent certified ...

Internal auditors are taking on more responsibilities, leveraging generative AI for tasks such as audit planning and reporting, says a new IIA report ...