What is Internal Auditing?
Internal auditing is an internal process for facilitating organizations to meet their objectives. It is concerned with checking and improving the effectiveness of different management systems in an organization.
What is auditing? Auditing is defined in international standard ISO 19011:2011—Guidelines for auditing management systems as a “systematic, independent and documented process for obtaining audit evidence [records, statements of fact or other information which are relevant and verifiable] and evaluating it objectively to determine the extent to which the audit criteria [set of policies, procedures or requirements] are fulfilled.”