HC-2.3.8

Past version: Effective from 01 Jul 2007 to 31 Dec 2010
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Internal audit functions must have adequate staff levels with appropriate skills and knowledge, such that they can act as an effective challenge to the business. Where the function is not outsourced, the head of the function should be a senior and experienced employee. Internal audit functions must not perform other activities that compromise their independence.

Adopted: July 2007