Profession in Finance and
Accounting
INTERNAL
AUDITOR
Internal
Auditing is an independent, objective assurance and consulting
activity designed to add value and improve an organization’s
operations. It helps an organization accomplish its objectives
by bringing a systematic, disciplined approach to evaluate and
improve the effectiveness of risk management, control, and
governance processes. (Internal Auditing: All in a Days' Work
published by The IIA).
Broad
areas of activities of an Internal Auditor are Evaluating Risk,
Confirming Information, Analyzing Operations, Reviewing
Compliance, Recommending Controls and Assuring Safeguards.
CIA
(Certified Internal Auditor) is the recognized qualification in
this field. It is offered by The Institute of Internal Auditor.
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