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Chief of Internal Audit: Role 1 and Responsibility Assessment Tool2 Part of the IFC's Advanced Methodology for Financial Institutions. Personal Qualification. General Knowledge and Professional Skills12
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Chief of internal audit is a high-level executive responsible for overseeing the internal audit function within an organization.
The chief of internal audit is typically required to file reports with the board of directors, audit committee, and senior management.
The chief of internal audit should conduct audits, develop audit plans, review internal controls, and communicate findings to stakeholders.
The purpose of the chief of internal audit is to provide independent and objective assurance and consulting services aimed at improving an organization's operations.
The chief of internal audit report typically includes audit findings, recommendations for improvements, and status updates on prior audit issues.
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