What is the objective of an internal audit vs. external audit What is the function of...

What is the objective of an internal audit vs. external audit

What is the function of the internal and external auditor

Are there organization(s) providing oversight of internal and external auditors

For organizations having both internal and external audits, what is the relationship (if any) between the two group of auditors - internal auditors & external auditors

What is the relationship (if any) between the internal auditor (and the external auditor) and management

Who does the auditors (internal auditor & external auditor) report to

Job opportunities - Who hires internal and external auditors

What are the various certifications available to internal and external auditors

What are the requirement for certification - education, testing, experience

What employment opportunities are available for internal and external auditors

What academic programs/training exist to prepare students for a career as an internal and/or external auditor

Expert Solution

Please find below table for the details of internal and external auditors -

ekkarill92 answered 2 years ago

what is the importance of an external audit function in an organization that has an internal...

what is the importance of an external audit function in an organization that has an internal audit function

External vs Internal Audit Explain why parties outside the company, such as bankers and stockholders, prefer...

External vs Internal Audit Explain why parties outside the company, such as bankers and stockholders, prefer and independent appraisal of the company’s financial results rather than relying on the work of internal auditors.

TYPES OF AUDIT 1. Is there an internal audit function within your organisation? What is its...

TYPES OF AUDIT 1. Is there an internal audit function within your organisation? What is its role and how do you view it? 2. Is there an external auditor for your organisation? What functions does the auditor carry out and how do you view it?

1 - What is the objective of an audit? For whom is an audit of a...

1 - What is the objective of an audit? For whom is an audit of a publicly-traded company primarily conducted? Who else might use the audit report of a publicly-traded company? Explain. 2 - What is an audit trail? Why might an auditor need to alter audit procedures in the audit trail is computerized? Can you answer these two question

Several firms have internal audit function to govern their business operations. The head of internal audit...

Several firms have internal audit function to govern their business operations. The head of internal audit department of one of your clients has invited you to give a talk to the members of his department during their annual training week. He would like your views on the different roles of external and internal auditors, the type of work that each carry out and their reporting responsibilities. Required: Draft notes that you will use when giving your talk, paying particular attention...

Question

What is the objective of an internal audit vs. external audit What is the function of...

Solutions

Expert Solution

Related Solutions

what is the importance of an external audit function in an organization that has an internal...

External vs Internal Audit Explain why parties outside the company, such as bankers and stockholders, prefer...

TYPES OF AUDIT 1. Is there an internal audit function within your organisation? What is its...

1 - What is the objective of an audit? For whom is an audit of a...

Several firms have internal audit function to govern their business operations. The head of internal audit...

Due to recent changes in audit standards, external auditors are relying on internal audit functions more...

The function of internal audit is determined by: Select one: A. The institute of internal auditors....

What is an external financial audit, and what are the sources of audit evidence?

Many companies are now outsourcing their internal audit function. What are your thoughts on this and...

An important balance-related audit objective is realizable value. Describe the purpose of this audit objective, what...