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What is the role of Internal Auditor?
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Answer / sangram
The role of internal auditor is to check whether the
internal control system of the enterprise is effective and
it is in place.Whether the internal control system has any
loopholes and steps to improve internal controls.
| Is This Answer Correct ? | 37 Yes | 3 No |
Answer / guest
The role of internal auditor is to continuous reveiw of
financial statement and related documents.
| Is This Answer Correct ? | 38 Yes | 21 No |
Answer / shahpal baig
The role of internal auditor is to report to the Board of
Directors whether the policies and procedures with inherent
controls and relevant rules and regulations are being
adhered to. In addition to the this internal auditor is
also expected to add value to the processes and procedures
of the organization which shall maximize profit and
safeguard assets.
| Is This Answer Correct ? | 19 Yes | 2 No |
Answer / lalit
Internal Audit is the checking of internal process of the
organisation.
Role of an internal auditor is to check whether the correct
process is followed in an effective way while any official
task is performed. As we know that in an organisation many
tasks are performed by the employees and internal auditor
checks that correct process has been followed by them.
Internal Auditor also checks the internal control system of
organisation and suggest different ideas to make the
control system better.
| Is This Answer Correct ? | 16 Yes | 1 No |
Answer / sameer
Evaluating Emerging Technologies
Analyzing Opportunities
Examining Global Issues
Assessing Risks, Controls, Ethics, Quality, Economy, and
Efficiency
Assuring that controls in place are adequate to mitigate
the risks
Communicating information and opinions with clarity and
accuracy.
Such diversity gives internal auditors a broad perspective
on the organization
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / george bamfo
1. find out the extent of compliance on the established
policies and procedures and regulations based on the risks
involved therein.
2. evaluate the soundness of financial and operating
controls and their cost effectiveness by highlighting real
issues supported y the recommendations in participation with
the operating management.
3. ascertain the extent to which assets are safeguarded and
deployed gainfully
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / chode srinivas-avanti thai
The Auditor who is appointed to see day to day transactions
and their authenticity of the organisations.Minimisation of
losses and maximisation of Profits by detecting Errors and
Frauds.
| Is This Answer Correct ? | 1 Yes | 2 No |
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what is audit
Audit 
