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متابعة

Which is necessary for any company external auditor or internal auditor? Why

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تاريخ النشر: 2014/09/29

- The main objective of the external auditor is to serve the company's shareholders by never opinion about the safety of the preparation of lists of financial reports prepared by the company and it is present fairly in all material respects and does not have any errors or fraud within the sample examination to complete the review process for those lists either internal auditor main objective of his is to ensure the safety of the company's accounting system and the accuracy of the data extracted, as well as his leading role in preventing errors or fraud on the policies and rules and regulations adopted for the work of the company.  - The work of the external auditor independent professional person certified by the competent authorities to take action and monitor the accounts audited and are appointed by the shareholders at the AGM of the company either internal auditor working for the company and is appointed by the executive management of the company.   - From where to enjoy autonomy in the work is the external auditor independent in the performance of work for the management of the company and take the examination process for menus and evaluate the work and opinion after the completion of the screening process, either internal auditor has the independence limited for some departments, such as financial management, cost management and production management and marketing department does not enjoy thus independence with the executive management of the company.  - External Auditor is responsible to the shareholders for the masses of what is contained in the report prepared for the audit and examination of the financial statements either internal auditor shall be deemed to be responsible to the senior management only and displays the results of the examination and study and draw avoid deficiencies.

Abed Hasan Abdullah  Othman
من قبل Abed Hasan Abdullah Othman , general accountant , Atyaby for trading

both are  necessary  for  company 

regarding  internal auditor is responsible  of  financial  transactions  to  be   assure  that  all  transactions  are  accurately made 

external  auditor is  responsible  of  making  reports and  opinions about financial position  of  the  company  

 

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

definitely both are necessary to a company but external auditor is mandatory to notarize and proving accuracy of financial statements.

Abdul Wahab
من قبل Abdul Wahab , Credit Controller , Takween Advanced Industries

Internal Auditors More Because Internal Audit Will Be Following Routinely Internal Controls.

And External Auditor Are Hired Seasonally.

Fahad Mahesar
من قبل Fahad Mahesar , ACCA Finance & Accounts Trainee , Siemens Pakistan Engineering Company Limited

The necessity of external auditor depends on the regulations of the region where that company operates or where his parent company operates and because of consolidation that company too have to have an audit irrespective of legal regulations and requirements.

The need of Internal auditors very much depends on the size, and complexity of the organizations activities. The banks, financial institutions and big FMCGs often need to appoint internal auditors due to the complexity and nature of their product and operations

Abdallah Abu Zeyad CMA
من قبل Abdallah Abu Zeyad CMA , Finance Account Manager , Toyota - Abdul Latif Jameel Motors - KSA

Both are assurance providers and can leverage experiences to better benefit clients.

mohammed mohammed danial mahdy
من قبل mohammed mohammed danial mahdy , رئيس حسابات , شركة عايد دحيم الحمود للتجارة والمقاولات - (شركة مساهمه مقفله)

Well done Professor / Hani

 

حسين محمد ياسين
من قبل حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

I am agree with Mr.Hani

Salah Othman Yousef Alshambaati
من قبل Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

I agree with Professor answer / Hani

mohamed Hakim CMA CPA Candidate
من قبل mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

External auditor is more important than internal auditor 

 

External auditor is third party no related to company 

But internal auditor is part of company will try to show good pic on comoany 

Khaled Abdelrehim ACCA DipIFR CMA
من قبل Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

Both are required, the internal auditors for the internal control and auditing for the purposes of the company and external auditors the officially ratify the financial statements of the company and to declare thet are fairly present the financial situation of the company which make a good image of the company in front of the external parties.

هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟