Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Who should audit internal auditors?

user-image
Question added by Mustafa Fida Hussain karimi , Head Of Internal Audit , Al Fardan Exchange LLC
Date Posted: 2014/04/08
Karim Hussein, QIA, CMA, CFC, CertIFR, CertIA
by Karim Hussein, QIA, CMA, CFC, CertIFR, CertIA , Senior Manager - Internal Audit , Abyat

The Internal Audit may be audited by:

1- Peer review audit.

2- Quality Assurance Review.

3- Independent Audit Firm

Shazia Anees
by Shazia Anees , Assistant Manager Finance , Arham Trading Company

Audit Committee===============================

Abdel-fattah Najib GRCP
by Abdel-fattah Najib GRCP , Assistant Manager - Advisory - Risk - Internal Audit , Wethaq Financial Advisory

QA , and external auditors 

Tamer Elbeshbishy
by Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

This Could be efficiently done by an independent  Audit Firm. Other entities can do this but the issue is  ANY OTHER INTERNAL COMMITTEES, inside the company, WILL not  be  INDEPENDENT . Thank You for your question .

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

external auditor

Musa Muhammad Dandikko
by Musa Muhammad Dandikko , Ag. Head of Procurement , Federal College of Education, Katsina

The answer is simple. It is the duty of external auditor to audit the work performed by Internal Auditor.

 

Deleted user
by Deleted user

Secretary of the Audit department of the Organisation.

More Questions Like This