As a service to the organization, in addition to performing traditional audit services, Internal Audit also provides business Assurance Services at the request of management.
Assurance Services are: Independent professional services that improve the quality of information, or its context, for decision makers.
Selected Assurance Services:
- Systems Specifications Development Reviews
- Business Performance Measures Development & Implementation
- Control Self Assessment
- Electronic Commerce
- Information Systems Reliability
- Management Consultative Services, e.g., Policy Formulation and Compliance, Business Strategy.
No written report is required for Assurance Service engagements although the Customer may request a written report or letter.