Objectives of Internal Audit
- Enhance and protect the value of the entity by providing assurances, advice, and insights based on risks and objectivity.
- Ensure compliance with systems, instructions, policies, and obligatory plans of the entity to achieve its objectives efficiently and in an organized manner.
- Ensure the effectiveness and efficiency of administrative and financial operations, leading to the optimal use of available resources and the protection of funds and properties.
- Ensure that the management is effectively managing the entity on behalf of the owners.
