A New Mission for Internal Audit

Sourced through Scoop.it from: iaonline.theiia.org

“To enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight.”

Tate: my thoughts – too broad – but I don’t have a problem with it. Internal audit needs a targeted marking program to tell people what IA is and how it can specifically help (value added) the board, the audit committee, regulators, the investing shareholders and the public, executive officers, legal counsel, etc. I’m convinced that IA is or can be, and can provide a valuable tool and assistance to the audit committee in satisfying its oversight responsibilities. But how often do you really see that in the press? In the business and investor press? Never? Almost never?

Dave Tate, Esq. (San Francisco / California)