Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Internal Auditors perform compliance, operational, and financial audits. Internal Auditors measure the degree to which various functions of their organization adhere to established policies and procedures, as well as laws and regulations.

In the performance of any professional service, an Internal Auditor shall maintain objectivity and integrity, shall be free of conflicts of interests, and shall not knowingly misrepresent facts, or subordinate his judgment to others.