Internal Audit: A Governance Tool, Not Just a Compliance Requirement
Internal audit is often perceived as a statutory or compliance-driven activity.
In reality, it is a critical governance and risk-management tool.
From an advisory standpoint, internal audit helps management gain independent insights into operational efficiency, control gaps, and regulatory risks.
Internal audit typically focuses on:
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Review of internal controls and operating processes
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Identification of financial, operational, and compliance risks
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Evaluation of control effectiveness and process discipline
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Reporting actionable observations to management
When implemented proactively, internal audit supports informed decision-making and sustainable growth.
Practical takeaway:
A well-designed internal audit function strengthens governance and builds stakeholder confidence.
— RBC Global Advisors
For more details on how RBC Global Advisors can help you in Internal audit and setting up of Internal controls, please contact us on +91-7984656942 or drop us an email at support@rbcglobalgroup.com