May is international internal audit awareness month

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The Herald

A look at the varied responsibilities of the Internal Auditor … all in a day’s work!

Achieving objectives

For the most part, companies are in business to make money. Schools, charities, and other non-profit organisations may have the goal of educating, influencing behaviour, or helping those less fortunate.

Regardless of what drives them, all organisations aim to achieve their specific objectives with the greatest efficiency and effectiveness possible. To do this, many organisations enlist the aid of boards of directors to provide oversight and strategic direction.

For the board to steer the organisation effectively, board members must receive timely, accurate information about the organisation’s many strategic, operational, financial, and compliance risks as well as…

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