Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps organization accomplish its objectives and bringing a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control and governance process.

This charter primary aims to define and establish:

  • The formal mission statement of internal audit department
  • The objectives and scope of internal audit department
  • The internal audit department position within the company, its access
  • to various records, departments and activities, its responsibility and
  • accountability
Internal Audit Charter
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