Internal auditors are trained and qualified members of your organization or an external consultant hired to perform effective internal audits.
Internal auditor and auditee need to work together to understand and identify processes that are not functioning/performing/potential risk as intended.
Internal auditors look beyond the implementation of the system, considering the practicality, procedure or process optimization at the minimum risk.
Internal auditors even hold management review meetings to report and involve leaders in quickly understanding the organization's current issues.
Seasoned and experienced auditors can identify common loopholes, misbehaviours and non-conformances based on the evidence presented.
These auditors will also share some best practices, recommending corrective or preventive actions that will create growth opportunities for business.
By the end of the fieldwork (audit), internal audit findings will be reported. You will then raise this report to management for review.
During the review, the board of directors, management team will sit together to discuss and decide the solution to resolve the findings.