Introduction
Arguably, the functions of internal auditing have gained a lot of emphasis in private and public organizations. As a matter of fact, various organizations in the recent past emphasize on internal auditing because of embezzlement of funds and frauds. One of the main sectors that have focused on internal auditing is banking. The requirements of the banking system are tremendously increasing; this has led to the shifting of responsibilities and roles of internal auditing. Internal audit endeavors in providing an opinion that is independent, especially in the objective attainability within an organization. In general perspective, internal auditing is crucial in the ...
