Audit Committee Brief: August 2012

Harnessing the full potential of Internal Audit


To continue to enhance the expected performance of the internal audit function and its value to the organization, audit committees should periodically assess whether internal audit is performing the appropriate activities, has adequate resources, and is proactively identifying risks and monitoring critical controls. This issue of the Audit Committee Brief explores the audit committee's role and offers leading practices to consider in evaluating internal audit and the chief audit executive.