Compare and contrast internal and external auditing

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Explain your proposed approach for conducting research necessary to develop quality deliverables and explain how the information gleaned will support your career development in accounting.

Please review the approach proposed by other students, providing objective feedback on opportunities for improvement.

EXAMPLE: I will take a systematic approach for conducting the necessary research to develop quality work for each individual project and discussion board assignment. First, I carefully read the learning objectives for each assignment, the assignment descriptions and review the grading rubrics.

Once I have a clear understanding of the objective, assignment and rubric, I when go to the learning materials to view the available learning materials for the assignment and begin to review each provided resource to see which is best suited for my learning style. I found the MUSE information to be particular beneficial.

Next, I read the assigned chapters associated with the assignment. If I am unable to make the live chat, I review the posted transcript to gain further insight on the project. Then, I will contact the professor with any questions or concerns. Finally, I will be the development of the deliverables for the assignment.

The knowledge that has been and that will be gained from the completion of each assignment will continued to develop my accounting abilities.

The information, being provided by Professor Williamson and fellow classmates, is substantial in building my knowledge base in accounting and providing different perspectives on topics and issues.

Assignment Objectives

Compare and contrast internal and external auditing in terms of their role in business and society, their goals and objectives, and their processes and practices Understand professional responsibilities of an auditor and the nature of an internal control system, its role in a business and its significance in the auditing process, the underlying concepts of generally accepted auditing standards, PCAOB standards, and the application of such standards to fact situations.

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In the solution of 1-2 Pages in word document, research has been described regarding to how to fulfill the requirement for a project assigned like first make a plan, strategy & effectively implement the same as per project requirement.

Reference no: EM13973859

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