Leadership · Insight · Knowledge
Welcome to the Institute of Internal Auditors New Zealand, the professional body for internal auditing
Introduction
The word governance has become a staple of the boardroom and C-suite lexicon, but just what governance is can sometimes become muddled. At its core,
governance simply is the amalgam of processes and structures designed to help the organization achieve its objectives. These processes and structures are
influenced not only by risks that affect an organization’s ability to achieve objectives but also by the organization’s efforts to mitigate known risks and
discover unknown risks.
The IIA believes internal audit’s role in governance is vital. Internal audit provides objective assurance and insight on the effectiveness and efficiency of risk management, internal control, and governance processes.