It is the policy of the organization to establish
and support an Internal Audit Office as an Independent appraisal function to examine and
evaluate org. activities as a service to management. The Internal Audit Office reports to
the CEO .
In alignment with the overall goals of the
organization, the objective of the Internal Audit Office is to add value to overall
organizational performance by providing audit services that result in reduced costs, gains
in operational efficiencies, strengthen internal controls, maintaining ethical and
Internal audit examines and
evaluates the adequacy and effectiveness of the internal control system and risk
management toward accomplishment of strategic goals and objectives set by the management.
In accomplishing these
activities, the CEO states its authorization and support, clearly and categorically, that
the Office of Internal Audit will have unrestricted access to all information and record,
provided in Tata Code of Conduct.
Internal Audit reports to the Audit Committee of