Increasingly, the services of Internal auditing they gain space and importance in organizations, due to the need to raise their valuation in the market and generate greater trust and transparency in their operations, since one of their main objectives is to analyze and evaluate the companies' internal control systems.
The best practices of internal auditing contribute to organizations while complying with their organizational obligations. Just as internal auditing professionals should or may be considered as a valid and efficient option, in the process of hiring internal auditing, attention must also be paid to some attributes that will make the program well structured:
· One internal auditing significant must have a well-structured auditing process, which defines the scope of the audit and a defined plan;
· It is essential that professionals from internal auditing are chosen based solely on abilities and competencies, in addition to having sufficient autonomy;
· A program of internal auditing well structured must be risk-based;
· Planning ahead is often essential. The staff on site must be informed well in advance about how long the process of internal auditing would take, what would be all the audited locations and what documents might be needed to provide to the auditing team;
· One internal auditing should begin with an initial meeting between senior management and the auditing team. Senior management must also be kept informed of daily findings to maintain transparency;
· The planning of internal auditing it is the most important parameter of a well-structured program;
· The advantage of internal auditing based on a qualified standard, external observers will recognize your format and professionalism;
· The professionals of internal auditing they must be well familiar with the standards against which operations are being audited. The scope of the audit must be well defined;
· Consistent guidelines must be followed to score and evaluate internal audit results and all must have a well-documented record of objective evidence to support those results;
· The training of professionals of internal auditing is essential, and management must allocate the necessary budget for it. Communication between members of the auditing team is also important.
Contact TATICCA — ALLINIAL GLOBAL, which operates throughout Brazil and globally, with integrated auditing, accounting, tax, corporate finance, technology, risk advisory, business consulting and training services. For more information, visit www.taticca.com.br or email taticca@taticca.com.br and learn more. Our company has professionals with extensive experience in the market and has certified methodologies for carrying out activities.
