Internal Audit versus Internal Control and Coaching

This article is not intended only as a brief parallel between internal audit and internal control but it aims to point their importance for any economic entity and moreover to point the benefits it may provide. Based on the assumption that internal audit does not mean control and the auditors arc no adversaries to an entity, it is well known that internal audit is a management assistance tool, allowing the decision makers in an entity to better manage its activities; it assesses all management resolutions meant to ensure their normal and efficient operation, and not lastly it creates added value.