Internal Audit

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Definition: Internal Audit

Internal Audit

Quick Summary of Internal Audit

Internal Audit is a business unit that conducts a full assessment and analysis of organizational risk and internal controls. Auditors evaluate the accurancy and effectivness of risk management, control, and corporate governance, making sure they are compliant with federal laws and internal policies.

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Page URL
https://payrollheaven.com/define/internal-audit/
Modern Language Association (MLA):
Internal Audit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/internal-audit/.
Chicago Manual of Style (CMS):
Internal Audit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/internal-audit/ (accessed: April 20, 2024).
American Psychological Association (APA):
Internal Audit. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/internal-audit/

Definition Sources

Definitions for Internal Audit are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.