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| THE INTERNAL AUDIT
FUNCTION |
| The challenges being faced by organisations
– Boards, Audit Committees, Executive
Management and Internal auditors is “How
To” structure the Internal Audit Function
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Internal Audit
is a process by which an organisation
gains assurance that the risks exposures
are understood and managed appropriately
in the dynamically changing and merging
environment. The basic requirement is
to proactively negotiate and/or construct
the optimum competencies which includes
skills, knowledge, experience, performance
criteria in Total Independence
of which all these factors are combined
in role performance. The skills required
can be categorised as technical skills,
analytic, cognitive, judgement and behavioural
skills ; - Personal, interpersonal and
organisational.
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| The related standards involve an appropriate
package between tasks to be performed, the
contexts in which tasks are to be performed,
specific performance criteria and individual
attributes applied in the said performance. |
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Our firm of Consultants
bring to the assignment wide experience
not only in the structure of the Audit function
but also enhance the “Value added”
advisory services to Executive Management
based on the standards as per Standards
of Professional Practices of Internal Audit. |
