The Institute of Internal Auditors (IIA) Guyana Chapter is calling for internal audit activity to be adequately sourced and be effectively utilised.
IIA Guyana Chapter President Chateram Ramdihal made the call in a message to mark International Internal Audit Awareness Month, which is now being observed, as he appealed to practitioners and other stakeholders to fully appreciate the value of the profession.
Ramdihal noted that the principal aim of internal auditing is to provide insight into an organisation’s culture, policies, procedures, and aid board and management oversight by verifying internal controls, such as operating effectiveness, risk management, and compliance with the relevant laws and/or regulations.