Can you explain the benefits of outsourcing internal audit function?

Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/02/02

Upvote (0) Views (4) Followers (1) Answers (0) Report Question

Be the First to Answer
Register now or log in to answer.

Which of the following answers describes best the ideal purpose of internal audit ?
Top Answer: C) Internal audits are conducted to check conformity to internal procedures, and also to find opportuniti ... See More

Answers (6)
Can Internal Audit be separated from MR role in ISO 9001 and given to independent Head of Internal Audit?
Top Answer: <p>To answer your question:</p> <p>Management Rep should be part of organisation manage ... See More

Answers (3)
From a modern internal auditing perspective, which one of the following statements represents the most important benefit of
Top Answer: Detection of Fraudulent Activiies To check the proper compliance of bye laws Reasonable control over day ... See More

Answers (6)
How can Internal Audit position itself to appear relevant with the increasing trend of cyber related frauds?
Top Answer: With increasing cyber frauds , Internal Audit function have to identify and assess the potential risks of ... See More

Answers (1)