02 - Internal Audit Charter Explained | Foundation of Internal Audit скачать в хорошем качестве

02 - Internal Audit Charter Explained | Foundation of Internal Audit

The Internal Audit Charter is not just a document — it is the foundation of the entire internal audit function. Without a properly defined charter, internal audit has no authority, no independence, and no clarity of purpose. In this video, we break down the Internal Audit Charter in simple, practical terms: • What is an Internal Audit Charter? • Why is it mandatory? • Who approves it? (Board & Audit Committee) • Authority and independence of Internal Audit • Scope of internal audit activities • Roles and responsibilities • Relationship with management • Reporting structure We also explain how the Charter protects internal audit from interference and ensures objectivity. Whether you are: • Preparing for professional exams • Starting a career in internal audit • Or building an audit framework in your organization This session will give you structured clarity. This video is part of the Audit Masterclass series, where we cover the full audit lifecycle — from strategy to reporting. Next video: Audit Universe – Defining What Can Be Audited. Like, comment your questions, and subscribe to continue the journey. #InternalAudit #AuditCharter #AuditMasterclass #CorporateGovernance #AuditCommittee #RiskBasedAuditing