Internal Auditor Definition

other
The person or department that independently evaluates a company’s financial records to make certain that there are no mistakes or deliberate misstatements. The role of the internal auditor was strengthened through the passage of the Sarbanes-Oxley legislation in 2002. The legislation requires the internal auditor to report directly to the board’s internal audit committee, which is responsible for the corporation’s audit.
Webster's New World Finance
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