Please clarify the differences between internal auditing and
external auditing.
Normally operational auditors are part of the internal audit
department of an organization but operational audits can also be
conducted by firms. External auditing is typically the audit
performed by a CPA firm to render an opinion on the financial
statements of a firm. Only licensed CPAs can issue an opinion on
the financial statements of a company. Please discuss the features
of both internal auditing and external auditing. We want to make
these distinctions clear.
Please include references
. .
The post Please clarify the differences between internal auditing and external auditing. appeared first on Brainy Term Papers.
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