internal audit function

internal audit function
IAF The department within an organization responsible for internal auditing. The IAF is headed by a * Chief Auditing Executive.

Auditor's dictionary. 2014.

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  • internal audit charter — A document that sets out the purpose, authority, responsibilities, and scope of work of an *internal audit function (IAF). The charter is often considered to be an audit function’s constitution, and its subject matter typically includes some or… …   Auditor's dictionary

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