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  • Internal Audit vs CCTV

     Alkit updated 1 year, 4 months ago 1 Member · 1 Post
  • Alkit

    Member
    May 15, 2021 at 9:02 am

    Internal Audit Itself is biggest Deterrent control in an organisation. Every employee knows his process/work might get audited any time, So they should always perform their duty diligently.

    Let me explain with an example : Deterrent controls are like CCTV cameras. For a thief, risk of getting caught in CCTV camera is a result of deterrent control only.

    Similarly if someone’s intention is doing some fraud in an organisation, he will always have a risk of getting caught in internal audit

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