The POMONA Group: The role of the internal audit and its process

The reader is considered as a new recruit in the Internal Audit Service of Pomona. The context is: it is his first day and he discusses with the Director of Internal Audit.
The case has both a theoretical approach around issues of internal audit and a practical approach that actually implies a reasoning of internal auditor by analyzing a situation and a context and then discuss the risks and propose recommendations.
We can detect a problem that would make the company's activity the starting point of the creation of the risk matrix, which subsequently would define the role and direction of internal audit.

This case could serve as a starting point of a study on the role of the internal audit in a company and about its importance in a food distribution business. The two issues of the case will lead to a both practical and theoretical understanding. Initially, this will be an opportunity to identify the general role of internal audit in a company. Secondly, we can more accurately identify the specific risks in POMONA group against which it is to be vigilant. Finally, the idea is to apply, in a particular case, an audit methodology and a rigorous formalism required by the profession. One of the key points will be to implement a risk analysis and to determine the relevance of the recommendations that may be issued.
Specifically, the case highlights more precisely the following:
(1) internal audit evolves with the complexity of the legal framework and the business world
(2) the activity of the company defines almost all the contents of internal audits missions
(3) the audit approach remains very important but internal auditors need to exercise professional judgment during missions.

Internal Audit - Audit Process

Students can be of any level. Graduate Program, in post graduate program or MBA/ Executive MBA - Executive education programs.

Food

Ce cas existe en français (réf.C0435)

Année de la problématique : 2014

Livraison : Livraison par lien de téléchargement

Nombre de pages : 17 avec 10 page(s) annexe(s)

Temps d'utilisation : 3h00

Code du secteur d'activité : 15 - Industries alimentaires