Managing an Effective Internal Audit Program
To plan for growth, ensure sustainability, monitor excellence and be an organization that manages risk intelligently, you need to know where your business is now and where you are going in the future. An accurate view of process and performance is vital – and this is where internal audits are invaluable. If your organization still views an internal audit as simply a compliance or contractual requirement, or focuses solely on finding fault
and not using the information to evaluate performance, you could miss the advantages a well-planned and well-supported internal audit program.
To be effective, an internal audit program must be more than ticking a box, and there are some steps you can take to ensure maximum return on your investment.