Knowledge Centre

Internal Audit and Enterprise Risk Management

"Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations" as defined by The Institute of Internal Auditors Australia. It holds numerous benefits for improving an organisation's risk management systems and procedures due to its systematic and disciplined approach.  Internal audit plays an important role for organisations to improve management and accountability and provide assurance to key stakeholders that the organisation is governed effectively.