News | 21 January 2020

The third line of defence in internal audit

Internal audit is seen as one of the main components of this. It provides independent assurance to the governing body and senior management on the effectiveness...

Read this article
Third line of defence internal audit - Veritau

News | 20 January 2020

The second line of defence in internal audit

The second line of defence is defined as functions overseeing, or specialising in, compliance and risk management. Essentially, this is a monitoring and oversight...

Read this article
Second line of defence internal audit - Veritau

News | 19 January 2020

The first line of defence in internal audit

The Chartered Institute of Internal Auditors defines the first line of defence as "functions that own and manage risk". Ensuring that the first line of defence is functioning...

Read this article
First line of defence internal audit - Veritau

News | 18 January 2020

What are the three lines of defence?

As internal auditors, we can be guilty of using our own specialist terminology. To those outside the field can be seen as technical jargon. Over a series of short articles...

Read this article
Three lines of defence infographic - Veritau