Advantages of internal audit

Internal audit is the process of independent evaluation and analysis of an organization's activities to improve its efficiency, effectiveness and compliance with requirements. It is a systematic and independent study to assess the effectiveness of risk management systems, control measures and processes.

Internal audit is conducted by internal auditors or external experts specializing in this field. It is usually performed at the request of the organization's management or on a regular schedule in accordance with the organization's policies and procedures.

Internal audit is performed for a number of purposes and for various stakeholders. Its main advantages include:

1. Assessment of the effectiveness of control and management risks: Internal audit helps to assess the effectiveness of control and risk management systems within the organization, identifies deficiencies and recommends improvements.

2. Management support and decision-making: The results of the internal audit provide management with the information and analysis necessary to make informed and effective decisions.

3. Improving operational efficiency: Internal audit helps to identify bottlenecks in operational processes, improve their efficiency and effectiveness, and optimize the use of resources.

4. Compliance with requirements and legislation: Based on its expertise and knowledge of requirements, internal audit helps ensure that the organization meets the requirements of standards, policies and legislation.

5. Fraud and Corruption prevention: Internal audit helps to identify and prevent fraud, corruption and abuse in the organization.

6. Improving the image of the organization: Internal audit allows the organization to demonstrate its commitment to quality, transparency and efficiency of its activities, which helps to strengthen its image and trust from customers, partners and investors.

In our Academy, you can take internal audit training in various areas. You can find out more by writing to info@atssm.kz or by phone 8 7172 57 41 06, 8 700 248 84 06, 8700 248 84 16