“The Internal Audit Process: A Roadmap to Organizational Resilience
The internal audit process is a systematic approach designed to evaluate and enhance the effectiveness of an organization’s governance, risk management, and internal controls. It typically involves several key stages:

1.Planning:    
This phase entails defining the scope and objectives of the audit, identifying key risks and controls, and developing a comprehensive audit plan.
2.Risk Assessment:
Internal auditors conduct a thorough analysis of the organization’s operations, processes, and systems to identify potential risks and vulnerabilities.
3.Testing and Evaluation:
Auditors perform detailed testing of controls and procedures to assess their effectiveness in mitigating identified risks. This may involve examining documentation, conducting interviews, and testing transactions.
4.Reporting:
Auditors compile their findings and observations into a comprehensive audit report, highlighting strengths, weaknesses, and areas for improvement. Recommendations are provided to address identified deficiencies and enhance organizational performance.
5.Follow-Up: 
After the audit report is issued, management is responsible for implementing the recommended actions. Internal auditors follow up to ensure that agreed-upon improvements are effectively implemented and sustained over time.
By following this structured process, organizations can gain valuable insights into their operations, strengthen internal controls, and ultimately achieve greater resilience in the face of evolving risks and challenges.”