Internal and external auditors

Reference no: EM1354147

Internal vs. External Auditors

While internal auditors and external auditors should have complementary interests and goals, there are differences in their scope of work. For this discussion, explore the advantages and disadvantages of selecting outside independent auditors versus internal auditors for various attestation work. Discuss ways in which internal and external auditors could coordinate and work together. What other factors, if any, have an effect on the decision to outsource various attestation work? Consider issues such as sample size, audit evidence, time of year for audit, and the political environment.

Reference no: EM1354147

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