The company it was doubling the size of its internal audit department, to about 50 people from around 25.

It can be a service performed in concert with a client's existing internal audit department.

After graduate school, Walker joined the company's audit department.

The company said the audit department would now report directly to the audit committee of the company's board, rather than to internal executives.

The internal audit department has to ensure that the potential risks of all bank activities are clearly identified and closely monitored.

Internal audit departments maintain a follow-up database for this purpose.

If the interim profits are verified by a bank's internal audit department, then they will be included in tier 2 capital.

The next year, he joined Wal-Mart's internal audit department.

But it is clear that more effective machinery for cooperation between the Court of Auditors and national audit departments must be set up.

His career as a civil servant started in the Internal Audit Department in 1974.