Internal Audit in fact is an activity which is designed to add value and improve company’s operations.
It ensures reliability and integrity of financial and other operating information and the means used to identify
measure, classify and report such information. It helping an organization to accomplish its objectives by bringing
a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and
governance processes. Internal audit assists the management of an organization by giving valuable
recommendations on weak areas in order to enhance overall effectiveness and efficiency of company’s
operations. Internal auditors generally know where the control weaknesses are and which individuals or
operations bear closer scrutiny.