Assignment Help-External and Internal Audit
Auditing is a very broad topic that covers all aspects of an organization. An audit not only examines the accuracy of financial statements but also examines the effectiveness of internal controls as well as the efficiency of overall operations of the organization. To accomplish the objectives of different types of audit within an organization, the audit function is broken down into the role of internal auditor and the external auditor.
Compare the similarities between the responsibilities of the external and internal audit functions.
Compare the differences between the benefits of the two functions.
Make a recommendation to the management team based on your research.
