Document Summary
Title:
Audit Committees and Internal Auditors - a Position StatementKB
Document Size:
160KB
Description:
This position statement relates specifically to the role of Audit Committees and, in particular, their relationship with internal audit.
It should be noted that an Audit Committee for some organisations may mean an alternative committee that adopts those responsibilities more commonly adopted by an Audit Committee. However, current best practice recommends that organisations should establish a separate and independent Audit Committee to deal with such issues.
This position statement covers all sectors and sets out best practice as determined by the Institute of Internal Auditors - UK and Ireland.
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