- 10 Marks
AAA – Nov 2017 – L3 – Q4b – Internal Audit and Outsourcing, Practice Management
Evaluate the role of internal audit in contributing to the effective running of an organization.
Question
Question:
Internal audit assists management in achieving the entity’s corporate objectives, particularly in establishing good corporate governance. Internal audit can be involved in many different assignments as directed by management. The assignments that internal auditors will carry out depend on the particular circumstances of the company involved and their objectives.
Required:
Evaluate the contribution of the internal audit function to the effective running of an organization. (10 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Corporate Governance, Internal Audit, Organizational Effectiveness
- Level: Level 3
- Series: NOV 2017
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