Internal Auditor Mock Interview
Master 25 Internal Auditor interview questions covering risk assessment, controls testing, and compliance frameworks.
Question 12 of 25
What is the purpose of the internal audit function?
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Brian Schuchart is a CPA and Senior Finance Business Partner. His professional experience includes senior management roles with NBC Sports, Virtual Health, and the Children's Hospital of Philadephia.
This question is an opportunity to show what you know about the profession of internal auditing. In addition to mentioning the purpose of internal audit, also mention some key responsibilities.
Brian Schuchart is a CPA and Senior Finance Business Partner. His professional experience includes senior management roles with NBC Sports, Virtual Health, and the Children's Hospital of Philadephia.
"Internal Audit teams exist to offer risk management to an organization by catching errors, flaws and fraud before an external audit is conducted. The Sarbanes-Oxley Act amplified the need for internal audit functions by requiring management of a company to certify in writing that the financial statements are accurately presented. Internal audit teams help give management confidence in the financials by evaluating the effectiveness of internal controls, corporate governance and accounting processes."
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