Word of the Day – September 26, 2020

internal audit function

Acronyms

  • IAF

Preferred Term

  • None

Non-standard Terms

Definitions

Type Definition Sources
Group A function of an entity that performs assurance and consulting activities designed to evaluate and improve the effectiveness of the entity’s governance, risk management, and internal control processes. (used 329 times in citations and controls)
Group A person or persons that provide independent, objective and reasonable assurance designed to add value and improve an organization’s operations and accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. (used 11 times in citations and controls)

Other Forms

Type Other Form
Plural internal audit functions
Plural Possessive internal audit functions'
Possessive internal audit function's

Relationships

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Common Controls

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Citations

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AD ID Authority Document CT ID Reference Guidance CC ID
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