Internal Audit

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Dictionary Says

Definition of 'Internal Audit'

The examination, monitoring and analysis of activities related to a company's operation, including its business structure, employee behavior and information systems. An internal audit is designed to review what a company is doing in order to identify potential threats to the organization's health and profitability, and to make suggestions for mitigating the risk associated with those threats in order to minimize costs.
Investopedia Says

Investopedia explains 'Internal Audit'

Regulations, such as the Sarbanes-Oxley Act of 2002, have increased corporate requirements for performing internal audits. They are important components of a company's risk management, as they help companies identify issues before they become substantial problems. They also help identify risky behavior by individual employees and threats posed by outside parties, such as attempts to steal intellectual property.
Search results for

'Internal Audit'

  • Examining A Career As An Auditor

    http://www.investopedia.com/articles/financial-careers/08/career-auditor-auditing.asp
    ... Larger accounting firms and internal audit departments will typically want their
    auditors to possess certifications such as Certified Public Accountant (CPA ...

  • An Inside Look At Internal Auditors

    http://www.investopedia.com/articles/financialcareers/08/internal-auditors.asp
    An Inside Look At Internal Auditors. July 22 2008 | Filed Under ยป Careers, Futures.
    Internal auditors are the unsung heroes of corporations worldwide. ...

  • How To Avoid Falling Prey To The Next Madoff Scam

    http://www.investopedia.com/articles/fundamental-analysis/09/investing-due-diligence.asp
    ... Businesses themselves conduct frequent internal evaluations as part of the normal
    operating procedure usually called internal audit or internal operating ...

  • Avoid An Audit: 6 "Red Flags" You Should Know

    http://www.investopedia.com/articles/pf/07/avoid_audits.asp
    ... indicator, less than 1% of Americans will be audited by the Internal Revenue Service
    in ... While this may sound simple, many returns are selected for audit due to ...

  • IT Security Auditing

    http://www.investopedia.com/articles/financialcareers/09/it-security-auditor.asp
    ... in a more formalized way that allows students to obtain bachelor's and master's
    degrees that open doors extending well beyond the internal audit department. ...

  • CFA Level 1 Study Guide - Financial Statements - The Auditor and ...

    http://www.investopedia.com/exam-guide/cfa-level-1/financial-statements/auditor-audit-opinion.asp
    ... 6.25 The Auditor and Audit Opinion; 6.26 Financial Reporting Objectives and ... 7. Financial
    Ratios: 7.1 Introduction; 7.2 Internal Liquidity Ratios; 7.3 Operating ...

  • Surviving The IRS Audit

    http://www.investopedia.com/articles/pf/06/IRSAudit.asp
    ... that you'll get singled out for an audit? SEE: Personal Income Tax Guide Maintain
    Accurate Records Now, Avoid Trouble Later While the Internal Revenue Service ...

  • Surviving The IRS Audit

    http://www.investopedia.com/articles/pf/06/irsaudit.asp
    ... that you'll get singled out for an audit? SEE: Personal Income Tax Guide Maintain
    Accurate Records Now, Avoid Trouble Later While the Internal Revenue Service ...

  • Financial Careers After Military Service - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/Financial-Careers-After-Military-Service.aspx
    ... Larger companies usually have a controller, treasurer, corporate tax and internal
    audit function, all of which require a support staff. ...

  • 6 Ways Mentors Elevate Your Career

    http://www.investopedia.com/articles/financialcareers/09/finance-mentors-elevate-career.asp
    ... Thus, he does not want the internal audit department to flag the division's operations
    with what he considers to be "gray area" audit findings. ...

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