The audit work performed by City Audit is conducted in accordance with the International Professional Practices Framework of the Institute of Internal Auditors. These standards define internal auditing as an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. The core principles of internal auditing help to ensure City Audit:
- Demonstrates integrity
- Demonstrates competence and due professional care
- Is objective and free from undue influence (independent)
- Aligns with the strategies, objectives, and risks of the organization
- Is appropriately positioned and adequately resourced
- Demonstrates quality and continuous improvement
- Communicates effectively
- Provides risk-based assurance
- Is insightful, proactive, and future-focused
- Promotes organizational improvement