COMPEL Glossary / internal-audit
Internal Audit
Internal audit is an independent assurance function evaluating risk management, governance, and controls governing AI.
What this means in practice
Auditors assess whether policies are followed and controls effective. For organizations, it provides the third line of defense. In COMPEL, it is discussed in Module 3.4, Article 8.
Related Terms
Other glossary terms mentioned in this entry's definition and context.