INTERNAL AUDIT: THE THIRD LINE OF DEFENSE

Internal Audit defence

INTERNAL AUDIT: THE THIRD LINE OF DEFENSE As proposed by The Institute of Internal Auditors, “The Three Lines of Defense” model provides a simple and effective way of explaining risk management and internal control by clarifying essential roles and duties and guides how responsibilities should be divided. In this model, the first line of defense refers to management control, the second line of defense refers to the various risk control and compliance oversight functions established by management and the third line of defense refers to the independent assurance. Each of…

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ICAI Intermediate Examination Nov 2017

ICAI Intermediate Examination Nov 2017 ICAI has published date for Nov 2017 Intermediate Examination. Session: (2:00 PM to 5:00 PM IST) Group I Paper-I 2nd Nov 2017 Paper-II 5th Nov 2017 Paper-III 7th Nov 2017 Paper-IV 9th Nov 2017 Group II Paper-V 11th Nov 2017 Paper-VI 13th Nov 2017 Paper-VII 15th Nov 2017   For official icai notification Click Here

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