internal auditor

Definition

An employee whose task is to provide unbiased auditing and assurance services. Tasks generally include making sure financial statements comply with SEC and government standards, objectively evaluating corporate governance, and monitoring the effectiveness of internal controls and making adjustments and changes as necessary. Internal auditors report to the highest levels of management, including the board of directors of publicly-owned companies.

Use internal auditor in a sentence

You should try to have a good internal auditor on your staff that can make sure you are doing things right.

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The company brought in an internal auditor after the rumblings of discontent among the stockholders over the last reports issued.

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Julie is the internal auditor assigned to this quarter's Information Technology Change Management audit; she will assess whether all technical changes moved from the test environment to the production environment between January 1st and March 31st complied with established internal policies, procedures, and controls for software deployment.

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