The definition of internal auditing states that internal auditing: …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. 

Define risk management, control, and governance. Describe the role the internal audit function plays in risk management, control, and governance.

Answer rating: 100% (QA)

i Risk Management is the process of estimating the risks of an organisation and planning accordingly ... View the full answer