Why Internal Audit is essential in Non profit organisations
Non-profit organisations (NPOs) play a critical role in addressing societal challenges, from delivering humanitarian aid to advancing education and healthcare. With donor funding and public trust at stake, ensuring transparency, accountability, and operational efficiency is vital for NPOs to maintain their credibility. A robust internal audit function is a powerful tool in achieving these goals, offering assurance that funds are being used effectively, risks are managed, and operations align with the mission.