An internal audit is an independent, objective examination of an organization's operations, financial records, internal controls, and compliance with laws and regulations. It is conducted by internal auditors who are part of the organization but are not involved in the activities they review. The primary purpose of an internal audit is to assess and improve the effectiveness and efficiency of an organization's operations, risk management, and governance processes. Internal auditors identify areas of potential risk, recommend improvements, ensure compliance with policies and regulations, and provide valuable insights to help management make informed decisions and enhance the organization's overall performance and accountability.