Internal Audit’s mission is to provide reasonable assurance, in an independent and objective way, on the adequacy and effectiveness of the company’s system of internal controls to support the Board and senior management in reaching the corporate business objectives. Internal Audit adds value to the company by promoting a control culture and by providing advice to management. It reports to senior management, Management Committee and above. Internal Audit uses and is increasingly relying on data and data analytics to provide impartial and informed assessments in support of its work of providing comprehensive assurance.
The key role of an Internal Audit data analyst is to work with and use large data sets through various Analytics Techniques to derive value and insights to support Internal Audit’s assurance work.