Internal Auditors definition

Internal Auditors means people who carry out an audit per HM Treasury guidance (Government Internal Audit Standards Manual), charged with verifying that the internal systems of governance, risk management and financial controls are working effectively
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Internal Auditors means auditors employed to help provinces and the Ministry of Provincial Government and Institutional Strengthening to strengthen internal control measures per regulations for improved compliance;
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Internal Auditors means people contracted by and responsible to the Group who carry out audits in accordance with HM Treasury guidance (Government Internal Audit Standards Manual), charged with verifying that the internal systems of governance, risk management and financial controls are working effectively.
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Examples of Internal Auditors in a sentence

  • During the year under review, no material or serious observation has been received from the Internal Auditors of the Company for inefficiency or inadequacy of such controls.

  • These are routinely tested and certified by Statutory as well as Internal Auditors.

  • Internal Auditors findings are discussed with the process owners and suitable corrective actions taken as per the directions of Audit Committee on an ongoing basis to improve efficiency in operations.

  • The Audit Committee acts as a link among the Management, the Statutory Auditors, Internal Auditors and the Board of Directors to oversee the financial reporting process of the Company.

  • The Internal Auditors evaluate and test the effectiveness of the Company’s control framework at least annually.

  • The Committee acts as a link between the Statutory and the Internal Auditors and the Board of Directors of the Company.

  • Reports of Internal Auditors are placed before the Audit Committee for its review.

  • Compliance with these procedures and policies are further assessed and reviewed by the Company’s Internal Auditors and suggestions for improvement are implemented by management.

  • International Standard on Auditing (UK) 610 (Using the Work of Internal Auditors) to determine the extent we could rely on the work of internal audit.

  • The probability of such risks occurring is relatively low due to the detailed internal procedures and policies implemented by the Company and regular reviews by the Internal Auditors.


More Definitions of Internal Auditors

Internal Auditors means the external firms appointed by Canara to conduct ‘Concurrent Audits’ during the relevant period;
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Related to Internal Auditors

  • Internal control means a process effected by an entity's governing board, management, and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • Internal Controls has the meaning set forth in Section 4.07(d).

  • Internal dose means that portion of the dose equivalent received from radioactive material taken into the body.

  • Auditors means the auditors for the time being of the Company;

  • external borders means external borders as defined in Article 2(2) of Regulation (EU) 2016/399;

  • External dose means that portion of the dose equivalent received from any source of radiation outside the body.

  • Interim controls means a set of measures designed to temporarily reduce human exposure or likely exposure to lead-based paint hazards, including specialized cleaning, repairs, maintenance, painting, temporary containment, ongoing monitoring of lead-based paint hazards or potential hazards, and the establishment and operation of management and resident education programs.

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Auditor means the person for the time being performing the duties of auditor of the Company (if any).