Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

How does the effectiveness of Internal audit function and internal auditors contribute to the society?

221 views 1 replies

Prem Lal Joshi

Professor

38 Points Joined October 2015

I am interested to know your professional and practitioners' views on the following question in general and with particular reference to Indian society:

"How does the effectiveness of internal audit function and internal auditors contribute to the society in today's changing environment"?

Thanks

Replies (1)

Internal Audit helps in finding out any malfunction or Miscontrol within an entity. It brings out any flaws in administration. In today's environment internal audit acts as a check to various functions within the entity and as a preaudit control measure.