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- Internal_audit abstract "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 is a catalyst for improving an organization's governance, risk management and management controls by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. The scope of internal auditing within an organization is broad and may involve topics such as an organization's governance, risk management and management controls over: efficiency/effectiveness of operations (including safeguarding of assets), the reliability of financial and management reporting, and compliance with laws and regulations. Internal auditing may also involve conducting proactive fraud audits to identify potentially fraudulent acts; participating in fraud investigations under the direction of fraud investigation professionals, and conducting post investigation fraud audits to identify control breakdowns and establish financial loss.Internal auditors are not responsible for the execution of company activities; they advise management and the Board of Directors (or similar oversight body) regarding how to better execute their responsibilities. As a result of their broad scope of involvement, internal auditors may have a variety of higher educational and professional backgrounds.The Institute of Internal Auditors (IIA) is the recognized international standard setting body for the internal audit profession and awards the Certified Internal Auditor designation internationally through rigorous written examination. Other designations are available in certain countries. In the United States the professional standards of the Institute of Internal Auditors have been codified in several states' statutes pertaining to the practice of internal auditing in government (New York State, Texas, and Florida being three examples). There are also a number of other international standard setting bodies.Internal auditors work for government agencies (federal, state and local); for publicly traded companies; and for non-profit companies across all industries. Internal auditing departments are led by a Chief Audit Executive ("CAE") who generally reports to the Audit Committee of the Board of Directors, with administrative reporting to the Chief Executive Officer (In the United States this reporting relationship is required by law for publicly traded companies).".
- Internal_audit wikiPageID "5164286".
- Internal_audit wikiPageRevisionID "606091111".
- Internal_audit about "yes".
- Internal_audit by "no".
- Internal_audit hasPhotoCollection Internal_audit.
- Internal_audit label "Internal audit".
- Internal_audit onlinebooks "no".
- Internal_audit others "no".
- Internal_audit subject Category:Accounting_terminology.
- Internal_audit subject Category:Auditing.
- Internal_audit comment "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_audit label "Audit interne".
- Internal_audit label "Auditoria interna".
- Internal_audit label "Audyt wewnętrzny".
- Internal_audit label "Internal audit".
- Internal_audit label "Internal auditing".
- Internal_audit label "Interne Revision".
- Internal_audit label "Interne audit".
- Internal_audit label "Внутренний аудит".
- Internal_audit label "تدقيق داخلي".
- Internal_audit label "内部監査".
- Internal_audit sameAs Interne_Revision.
- Internal_audit sameAs Audit_interne.
- Internal_audit sameAs Audit_internal.
- Internal_audit sameAs Internal_auditing.
- Internal_audit sameAs 内部監査.
- Internal_audit sameAs 내부감사.
- Internal_audit sameAs Interne_audit.
- Internal_audit sameAs Audyt_wewnętrzny.
- Internal_audit sameAs Auditoria_interna.
- Internal_audit sameAs m.0d5smt.
- Internal_audit sameAs Q6452684.
- Internal_audit sameAs Q6452684.
- Internal_audit wasDerivedFrom Internal_audit?oldid=606091111.
- Internal_audit isPrimaryTopicOf Internal_audit.