As Daytona Beach's city auditor, Belachew will oversee fiscal performance and compliance and financial audits across city ...

Internal Auditors must always remember to audit the system and not the person. By applying this thinking to the audit process, audit programs should be based on mutual trust between the parties ...

An internal audit helps a company ensure it has the proper controls, governance and risk management processes in place, according to the Institute of Internal Auditors. By nature, it's an ...

Satisfactory Issues Finally, many internal audit reports include a section at the end that covers issues and findings that were positive, rather than negative.

The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto.

The internal auditors randomly sample documents, review manuals and observe how work flows through the department. Auditors look for signs of asset mismanagement and fraud.