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

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 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.

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