THE ROLE OF THE INTERNAL AUDIT IN THE TOURISM UNIT’S RISK MANAGEMENT PROCESS

Management plans, organizes, and directs the performance of sufficient actions to provide reasonable assurance that objectives and goals will be achieved. Management periodically reviews its objectives and goals and modifies its processes to accommodate changes in internal and external conditions. Management also establishes and maintains an tourism unital culture, including an ethical climate that fosters control. Control is any action taken by management to enhance the likelihood that established objectives and goals will be achieved. Controls may be preventive (to determine undesirable events from occurring), detective (to detect and correct undesirable events which have occurred), or directive (to cause or encourage a desirable event to occur). The concept of a system of control is the integrated collection of control components and activities that are used by an tourism unit to achieve its objectives and goals.