An internal audit measures a company's compliance with external and internal standards. With an checklist for an internal audit of a company, a small-business owner can regularly validate the ...

The report is the culmination of an internal audit, where the internal auditors describe what they found, provide evidence of the issues that were detected, and the corrective action that they ...

\xa0Banks are the lifeblood of any economy, managing vast sums of money, facilitating the transfer of funds between savers and borrowers, investment, and driving economic growth. But in recent years, ...

Internal auditors should have sufficient seniority to be able to challenge senior executives inside the big banks, according to a new practice guide circulated to financial sector regulators last week ...

Mumbai, Jan 7 () The RBI on Thursday asked banks to align their internal audit function with international best practices, like those issued by the Basel Committee on Banking Supervision (BCBS).