Thus, if there is no accountability when it comes to internal controls then the controls management is relying on to safeguard their information will not be reliable and will run the risk this information could be stolen from a hacker/employees. In conclusion, the performance measure security will bring value to internal auditing by assessing weak points within the organization’s internal controls and being able to reduce the risk of a security breach occurring and exposing confidential information to hackers. Therefore, the performance measure efficiency is important to internal auditing by providing value in the form of reducing costs and increasing benefits by having effective internal controls within the organization and reducing risks as the internal controls will be running efficiently. Finally, the last performance measure is accountability which will bring value to internal auditing by assuring management that the controls they are relying upon are in fact working properly and can be relied upon when making decisions as the internal controls are working
Thus, if there is no accountability when it comes to internal controls then the controls management is relying on to safeguard their information will not be reliable and will run the risk this information could be stolen from a hacker/employees. In conclusion, the performance measure security will bring value to internal auditing by assessing weak points within the organization’s internal controls and being able to reduce the risk of a security breach occurring and exposing confidential information to hackers. Therefore, the performance measure efficiency is important to internal auditing by providing value in the form of reducing costs and increasing benefits by having effective internal controls within the organization and reducing risks as the internal controls will be running efficiently. Finally, the last performance measure is accountability which will bring value to internal auditing by assuring management that the controls they are relying upon are in fact working properly and can be relied upon when making decisions as the internal controls are working