An internal audit is a systematic evaluation of an organization's processes, controls, and risk management practices. Conducted by an internal auditor, this review helps ensure that the organization operates efficiently and complies with laws and regulations. The goal is to identify areas for improvement and enhance overall performance. Internal audits can cover various aspects, including financial reporting, operational efficiency, and compliance with policies. By regularly assessing these areas, organizations can detect potential issues early, mitigate risks, and implement best practices. This proactive approach ultimately supports better decision-making and strengthens the organization's overall governance framework.