Romania

Details

  • Service: Advisory, Internal Audit Services, Internal Audit Co/Outsourcing
  • Industry: Financial Services, Industrial Markets, Consumer Markets, Information, Communication and Entertainment, Infrastructure, Government and Healthcare, Funding Agencies
  • Type: White paper
  • Date: 4/13/2010

Setting up an Internal Audit function 

With the growing focus on corporate governance issues, organizations are increasingly exploring the potential benefits to be gained from establishing an effective internal audit function. An internal audit function would undertake an important role in risk assessment, by initiating quality improvement activities, performing performance testing, identifying possible operational improvements and opportunities for obtaining new profits. Moreover, the companies whose financial statements are audited are required to set up an internal audit function in order to comply with Government Ordinance 75/1999, as amended by Government Ordinance 37/2004.

Download Now
PDF files require Adobe Reader to view
© 2010 KPMG Romania S.R.L., a Romanian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Romania.
Advisory News - Advisory News 

Contact us

Please contact us if you have any questions about KPMG services or any other inquiries.

Sign up now

Subscribe to selected content and receive email alerts when new content is available for viewing on this site.

 

Already a member? Login

 

Not a member? Register

  • Subscribe to related feeds