Final answer:
An Internal Audit Manager in a public company should be granted access that allows comprehensive review capabilities without management or operational responsibilities to maintain independence. They should be detail-oriented, consultative, and organized. Their access should facilitate effective duty performance and impartiality.
Step-by-step explanation:
The role that would be typically assigned to an Internal Audit Manager of a public company would take into account their responsibilities towards controls, compliance, and risk management. Good practice dictates that an Internal Audit Manager should have a role that allows them to access all areas of the business to review processes and controls, but does not grant them management or operational responsibilities so as to ensure their independence and objectivity.
An Internal Audit Manager should ideally be detail-oriented, to spot any discrepancies or inefficiencies; consultative, to advise on best practices and necessary changes; and organized, to manage the numerous audits and controls that they need to oversee. The auditing role often requires dealing with large volumes of information and complex systems. It is essential for an audit manager to have a comprehensive but also extremely detailed perspective on the company's operations.
Depending on the size and structure of the company, the specific access rights might differ. Nevertheless, they should enable the Internal Audit Manager to carry out their duties effectively while maintaining an appropriate level of separation from the day-to-day operations, to safeguard the impartiality of their audits.