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Three Goals Of An Organization's Internal Audit Function

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List and describe three goals of an organization's internal audit function.

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Solution Summary

This solutions explains the three goals of an organization's internal audit function and why these are important.

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The internal audit function is designed to examine, monitor and analyze the activities related to an organization's operation in order to identify potential threats to the organization's health and profitability before they become significant problems.

One goal of this function is to determine whether or not the controls over an organization's financial and operating data provide ...

Solution provided by:
Rachel Kozicki, PhD (IP)
Education
  • BA, Ashford University
  • MBA, Ashford University
  • Post-Master's Certificate, Northcentral University
  • PhD (IP), Northcentral University
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