Monday, May 20, 2024
HomeBusinessJob DescriptionDuties and Responsibilities of...

Duties and Responsibilities of an Internal Auditor

An Internal Auditor is a professional who ensures organizations and companies have accurate accounting throughout the year. They ensure that other accounting teams follow proper procedures and that all accounts are updated and accurate.

Internal Auditor Duties:

  • Identify potential issues, irregularities, and inaccurate practices within the organization
  • Perform audits and report findings to management
  • Prevent and detect fraud, waste, and abuse
  • Evaluate policies and procedures
  • Continue to educate self on best auditing practices
  • Evaluate the effectiveness and efficiency of the organization’s accounting processes and procedures
  • Gather and prepare financial information
  • Implement appropriate controls to minimize fraud
  • Demonstrate effective communication, presentation, and interpersonal skills
  • Perform other duties as assigned by management

Internal Auditor Responsibilities:

  • Perform investigations of claims and reviews to determine compliance with policies, procedures, regulatory requirements, and contracts
  • Assist in investigating and resolving issues including generating reports, briefs, and recommendations, and coordinating action and reporting
  • Develop, implement, and maintain audit programs
  • Conduct field audits to evaluate the effectiveness of internal controls and operating policies and procedures

Follow us on Twitter. Send us a secure tip

- A word from our sponsors -

Most Popular

More from Author

Angola’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Here's a look at Angola's wealthiest individuals in 2024, highlighting the...

Algeria’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Algeria, with its significant oil and gas reserves, has a group...

Ethiopias’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Ethiopia, known for its rich cultural heritage, is also home to...

- A word from our sponsors -

The Call for Socio-Economic Transformation in Africa: President Museveni’s Vision for the Future

Rethinking Development: Museveni's Call for a Transformative ApproachIn a world where the dialogue on development often swirls around the ideals of sustainability and equilibrium, President Yoweri Museveni of Uganda presents a compelling alternative that calls for immediate, radical change. His candid thoughts, expressed during a gathering of...

The Inauguration of Nakivubo Stadium: Celebrating Ugandan Ingenuity and Ambition

Join the celebration of Nakivubo Stadium's significant reopening, endorsed by President Museveni and spearheaded by the entrepreneurial Hamis Kiggundu. A landmark moment for sports, the local economy, and urban innovation in Kampala.The Renaissance of Nakivubo Stadium: Celebrating Ugandan Ingenuity and AmbitionUganda's heart swelled with pride as President...

Le Rwanda accueillera la 43ème Assemblée Générale de la Banque de Développement Shelter Afrique qui se tiendra du juin 2024

L'événement qui réunira les Actionnaires de 44 États membres constituera une étape importante dans la consolidation de la transformation de la BDShaf.Kigali : 23 avril 2024 - Le Rwanda accueillera la 43ème Assemblée Générale Annuelle (AGA) de la Banque de Développement Shelter Afrique (BDShaf) en juin à Kigali, a...

Angola’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Here's a look at Angola's wealthiest individuals in 2024, highlighting the top entrepreneurs and business magnates who are shaping the country's economic landscape. This list is current for 2024 and excludes Isabel Dos Santos, focusing on the new and prevailing forces in Angola's billionaire circle.Angola’s Billionaire Elite:...

Discover the Ultimate Road Companion: Nissan Caravan Now Available in Mombasa, Kenya

Are you on the hunt for a vehicle that combines robust performance with spacious comfort? Look no further than the Nissan Caravan, currently on offer in the bustling city of Mombasa, Kenya. Ideal for businesses requiring cargo transport, groups seeking adventure, or families needing extra space, the...

Algeria’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Algeria, with its significant oil and gas reserves, has a group of wealthy individuals whose influence spans across various industries including construction, manufacturing, food, and pharmaceuticals. Here is a table summarizing the top 10 wealthiest individuals in Algeria as of 2024:As of 2024, here is the latest...