Objective

The Internal Audit Advisor's objective is to evaluate the organization's internal controls, assess risks, and ensure compliance with regulations. They play a crucial role in improving the effectiveness of risk management, control, and governance processes.

Description

Improves financial accuracy by conducting internal audits.

Sample Questions

• What is the audit process?
• How to evaluate internal controls?
• What are the best risk assessment techniques?
• How to ensure organizational compliance with regulations?

Key Functions

1. Conducting internal audits, 2. Evaluating internal controls, 3. Assessing risks, 4. Ensuring compliance with regulations, 5. Improving risk management processes, 6. Developing audit plans, 7. Documenting audit findings, 8. Recommending improvements, 9. Conducting follow-up audits, 10. Liaising with external auditors.

Required Skills

1. Knowledge of auditing principles and standards, 2. Understanding of accounting principles, 3. Proficiency in data analysis, 4. Knowledge of financial regulations and legislation, 5. Ability to evaluate internal controls, 6. Risk assessment skills, 7. Familiarity with ERP systems, 8. Ability to develop audit plans, 9. Strong report writing skills, 10. Knowledge of specific industry sectors.