Internal Audit
Internal Audit is a systematic, independent process for evaluating and improving the effectiveness of an organization's risk management, control, and governance processes. It involves assessing operations, financial reporting, and compliance with laws and regulations to provide assurance and advisory services to management and stakeholders. This function helps organizations achieve their objectives by identifying inefficiencies, mitigating risks, and enhancing overall performance.
Developers should learn Internal Audit principles when working in regulated industries (e.g., finance, healthcare) or on projects requiring strict compliance (e.g., GDPR, SOX) to ensure systems meet legal and operational standards. It's also valuable for roles involving security, quality assurance, or process improvement, as it helps identify vulnerabilities and optimize workflows. Understanding audit methodologies can aid in building robust, auditable software and collaborating effectively with audit teams.