March 28, 2011

How Internal Audit Adds Value to the Governance Process

By Carmen Rossiter, Protiviti

An uncertain economic environment punctuated by financial scandals has pushed the concept of corporate governance to the forefront. Internal audit, with a clear mandate from The IIA, is taking a fresh look at governance and making it an integral part of the audit universe and risk-based plans. Remember, governance is the domain of internal audit. This article offers 15 governance principles for public companies to help focus internal audit efforts in this area.