The most important functions of the internal auditor can be explained as follows:
1. Evaluating the internal and accounting control systems, with the aim of: a
a . Ensure that the accounting system and internal control systems are sound
B . Ensure that these systems are the most appropriate for the facility
c. Suggest improvements to these systems first.
2. Evaluation of plans and procedures: since the aim of this job is to discover weaknesses or deficiencies in the systems and procedures used by the company, it is intended to suggest the necessary modifications and improvements. All aspects of the establishment’s activity.
3. Taking into account the employees’ commitment to the policies and procedures drawn up: as the internal auditor monitors the implementation of the policies and procedures and clarifies these policies to the employees in case of objection.
4. Protecting the facility’s funds: The establishment and implementation of sound systems of internal control ensures the facility’s protection of its assets and funds against fraud or embezzlement that may be committed by employees. Misuse such as improper storage losses.