This resource aims to provide support to our members working in governance, risk, assurance, control and efficiency (GRACE).
The role of internal audit is to provide independent assurance and consultation. Internal auditors need to understand the financial risks but must also understand the wider aspect of the organisation to support business improvements. Lee Glover FCCA - Chair of ACCA UK's Internal Audit Panel - explains further in this short video.
For more insight into the world of Internal Audit, watch these short videos:
How internal auditors have made a difference
ACCA members Lee Glover and Sonia Shah talk about how the Internal Audit function has transformed over the past few years.
Internal Audit: Bringing Quality Assurance
In this case study, Annabel Faulkner ACCA describes how a superficial review of GDPR training did not uncover some serious shortcomings.
Internal Audit: Innovation
In this case study, John Webb FCCA describes how an internal audit identified the incorrect classification of customer complaints.