While quantum physics can be tough to wrap your brain around, its potential applications are very exciting. Quantum physicsâthe laws that govern the behavior of smallest components of our universe, such as fundamental particles, atoms and moleculesâis admittedly a tough subject, a complicated path of intricate mathematics and scientific theory.
The role of internal audit is to provide independent assurance that an organisation's risk management, governance and internal control processes are operating effectively.
How Internal Audit Delivers Benefits in the Risk Management Process. Most Institutions presently rely on internal audit to provide assurance on the financial reporting and compliance processes. Including ERM assessments in the internal audit charter can help institutions derive far greater value.