What is the MAIN purpose of an organization's internal IS audit function?
What is the MAIN purpose of an organization's internal IS audit function?
The main purpose of an organization's internal IS audit function is to provide assurance to management about the effectiveness of the organization's risk management and internal controls. This is the primary objective of internal auditing, which focuses on evaluating and improving the effectiveness of governance, risk management, and control processes.
A. Provide assurance to management about the effectiveness of the organization's risk management and internal controls.
A. Provide assurance to management about the effectiveness of the organization's risk management and internal controls.
IS audit is not all about assurance. Audit reports usually indicate areas of necessary improvement in control effectiveness or implementations
Assurance first of all
A. Provide assurance. B is not correct because we identify but don’t initiate a control improvement, rather we make recommendations.
A. is the corect answer. The main purpose of an organization's internal IS audit function is to ensure effective risk management and internal controls through direct, dependent reporting to top management. The means to fulfill this main purpose is then e.g. the identification of necessary changes for a sustainable improvement process as listed under B.