What is the objective of an internal audit in an organization?

The objective of an internal audit in an organization is geared towards identifying areas for improvement within the organizational management system. Internal audits serve as a systematic review of processes and controls to ensure they are functioning effectively and in alignment with established policies and standards like those outlined in ISO 27001.

This involves evaluating the efficiency and effectiveness of the management system, recognizing risks, and providing recommendations for enhancements. By doing so, organizations can achieve better compliance with legal and regulatory requirements and improve overall operational performance. The ultimate aim is to contribute to the continuous improvement of the management system, thus fostering a culture of quality and accountability within the organization.

Other options focus on specific areas that a business might prioritize, such as assessing financial performance or customer satisfaction, but these are typically outside the direct scope of an internal audit's core objectives. Similarly, establishing new company policies falls more into the realm of management's strategic planning rather than the audit process itself.