Definition of internal audit in English:

internal audit

noun

Business
  • An assessment of an organization's accounts or affairs or of a specific aspect of its operations, conducted (especially on a continuous basis) by members of staff, as distinct from periodic inspection by independent auditors or external consultants; the practice of undertaking such audits.

Origin

Mid 19th century. From internal + audit. Compare internal auditing.

Pronunciation

internal audit

/ɪnˌtəːnl ˈɔːdɪt/