SENATE RESOLUTION NO. 698
WHEREAS, Internal auditing is a vital part of
strengthening organizations and protecting stakeholders of both
the public and private sectors; internal auditors provide
independent, objective assurance and consulting, which improves
an organization's operations; and
WHEREAS, Internal auditing helps identify and manage an
organization's risks and ensures that policies, procedures, and
controls are in place and working appropriately; state auditors
bring a systematic, disciplined approach to evaluating and
improving the effectiveness of risk management, control, and
governing processes; and
WHEREAS, An increasingly sophisticated and complex
activity, internal auditing requires specialized knowledge,
training, and education; the process ensures that organizations
are accountable to their stakeholders, whether those
stakeholders are investors or the general public; by using a
risk-based approach to review and monitor an organization's
processes and activities, internal auditors protect assets and
information and identify and prevent fraud, security breaches,
noncompliance, and inefficiencies; and
WHEREAS, Internal auditing is an established profession
that is led by the Institute of Internal Auditors; the institute
has a globally recognized code of ethics and sets international
standards for the professional practice of internal auditing; and
WHEREAS, Internal auditors play an invaluable role in the
success of state agencies, organizations, and the global economy
at large, and they deserve our recognition and commendation; now,
therefore, be it
RESOLVED, That the Senate of the State of Texas, 86th
Legislature, hereby recognize the month of May as International
Internal Audit Awareness Month and commend all associated with
the internal auditing profession for their immeasurable
contributions to this state and nation.
Perry
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President of the Senate
I hereby certify that the
above Resolution was adopted by
the Senate on May 6, 2019.
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Secretary of the Senate
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Member, Texas Senate