Always enjoy an independent status and shall not involve in the performance of executive function.
Analyze the risk and bring them in the notice of management.
Analyze the operations of the entity and maintain an adequate system of internal control, also provide safeguard. against misappropriation of assets.
Evaluate the policies of organization and made necessary changes on it, if required.
Keep an eye on all all important occurrences and events which may affect the business.
Shall not take operation decision on those matters later which may be internal audit.