1. The internal auditor can improve an organization reducing cost, enhancing
revenue & improving profits
Summary: the article is primarily approach about the internal auditor role affects
responsibilities, performance and function to improve the organization profitability, my
article simply provides a brief “how internal auditor can improve an organization profits
reducing cost and enhancing revenue “by suggest in the appropriate ways,
The internal auditor specifically designed to reduce the risk of fraud also the internal
auditing department is concentrating on reducing cost, enhancing revenue and improve
the organization profits,
An internal audit examines a variety aspects of the way in which an organization
operates. Internal audit function is typically seen by financial executives as a best
practice, internal auditing provides an independent and objective opinion to an
organization management as to whether its risk are being manage to acceptable levels,
So the internal audit is a real and effective measurement of all processes of quality
management system. Is an accurate picture of company's strengths, weakness and
results, Audit decisions are based on audits finding, on operations results and on audit
evidences
Organizations are looking to internal auditing departments to add value, improve cost
controls, and solve problems. Internal Audit discusses how Internal Audit's role can be
enhanced to reduce costs
Such as financial systems may be considered by the external auditor as a short cut to
verifying all the figures in the accounts to complete the audit process but the internal
auditors will also cover these system as part of the audit plan,
Overall risk management arrangements are the main preoccupation of the internal
auditor, who is concerned with those entire controls fundamental to the achievement of
organization at object,
In the past internal audit had a reputation for evaluate controls, specifically designed to
reduce the risk of fraud, recently the auditor evaluates the same controls during the
audit of internal control over financial reporting as control in a financial statement
audit,
So what exactly is the increase that internal auditor can provide in an
organizations? , absolutely an organization reducing cost, enhancing revenue & improving
profits.
The internal audit function is an activity –is important that means it is a define services
Although not of necessity located with the organization, The services role should read
to a define benefit to the organization and improve the operation also identifies one or
more weakness when expressing an adverse opinion to a weakness, the management try
to control the miss cost, that will be improve the organization revenue which improve
operating efficiency and reduce the workload.
6

2. The object of an internal audit of financial statement is enable to express an opinion as
to the fairness of presentation in all material respects of an organization entity
financial position ,So that result of operations and cash flow ,revenue, profits will
increase
Internal audits help companies to meet customers’ expectations with greater
consistency. It is profit that drive's return on investment. Managers should be profit
professionals and experts; internal audit empowers employee confidence by reducing
their supervision and by enabling a quality behavior in performing their work. The
internal auditors provide reliable picture of company's processes and results to top
management.
The internal audit reinforces the discipline, liberates employees working in the audited
areas and enables their involvement in the continual improvement process.
In most business conversations only moments pass before some reference is made to
improving profits. Profit improvement is the main goal of business internal auditors
capable to provide actual information, suggest & effective plan supportively for
organization profit improvement
Conclusion : the complete identification of risk is the most important part of risk –
based internal auditing as well as being vital to the proper operation of any
organizations,
Above I have discussed about the internal auditor performance for organization
improvement through cost savings , revenue ,enhancement and cash flow realize risk
management and efficiency benefits in the process that ideally cover all the
organizations activities,
7