Working with organizations of all sizes and across all sectors, we have seen how organizations benefit from adopting and implementing an internal audit charter. The charter establishes a clear understanding of the internal audit's role, fostering transparency and alignment with the organization's goals.
This clarity helps focus audit efforts on key risk areas, ensuring the allocation of resources to areas of utmost importance. The charter supports compliance efforts by defining the standards, methodologies, and practices to be adopted by the function, enhancing consistency and quality in internal audit operations and output.
Learn more about the value of an internal audit function and download a sample internal audit charter that can be customized for your organization.