Dear friends, hope you can help distinguish this confusion: in Internal Audit, the task is to improve the rigor and prevent risks of the process, while other departments also have a risk management process. their own. So where is the difference of risk identification in internal audit? Thank you.
@outdooraussie63553 жыл бұрын
G'day ytuong... having a past career experience in Audit and Risk.... I tended to view Internal Audit vs Business Unit in a fairly simplistic way: Business Unit has a more narrow and less independent focus... its primary purpose is achieving BU objectives (eg Business as Usual type activity). Internal Audit on the other hand has a broader focus (eg able to benchmark or utilise recommended better practices), is completely independent and objective from the activity being examined, it primary purpose being compliance, performance or assurance etc, and should have more in-depth experience or knowledge of risk management, control environment and activities etc. That's just my take on it.... hope it helps.. 🙂
@silverscrew3 жыл бұрын
A very original use of Sketchup. Cheers from a fellow Sketchup user.
@michael.hawksworth8846 жыл бұрын
Great summary of a critical part of business that is hard for business to follow due to internal politics and differing agendas etc... Often given lip service unfortunately by even the largest companies
@essou77136 жыл бұрын
Hello, How may I contact you?
@romeojulyofficial6 жыл бұрын
understood. thanks
@rashidmalshamsi6 жыл бұрын
Thanks for such a informative piece and efforts to share with part of the world.