Question: My friends and family ask me for a definition of internal auditing. Unfortunately, my explanations tend to be too long and technical. Can you give me a brief yet accurate answer to that question? Once they understand the career field I would like to enter, they may lend more support toward my goal of earning a CIA.
Answer: Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It 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.