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Can an Internal Auditor report to the external auditor?

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Question added by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice
Date Posted: 2014/01/12
Rehan Qureshi
by Rehan Qureshi , Financial Consultant , Self Employeed

NOOOOOOOOOOO Way and why he suppose to report.

Internal Auditor only need to coordinate Help and support External auditor for the fullfillment of External Audit.

Muhammad Owais Anwar
by Muhammad Owais Anwar , Financial Auditor , Deloitte - Saudi Arabia

no, but internal auditor has wide scope and external auditor can use a supporting hand to fulfill his job

Tariq Raza
by Tariq Raza , Manager Finance , THK SOLUTIONS PRIVATE LIMITED

No, Internal Auditor only responsible for dual Reporting means Administratively report to CEO or Equivalent and Functionaly to the Board or Equivalent Authority.

Waqayan Al Waqayan
by Waqayan Al Waqayan , Secretary of Sharia Supervisory Board (SSB) , Ahli United Bank (AUB)

no.

But external auditor should review internal audit reports.

Mohammad Tohamy Hussein Hussein
by Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

No.

comunications aboung internal and external auditor is expected but finally internal auditor is reporting to board of directors and CEO

MAJOUL Fadhel - CPA- CIA-CFE-CRMA-CISI
by MAJOUL Fadhel - CPA- CIA-CFE-CRMA-CISI , Consulting role related to Internal Audit , Dublin Investment & Management of Health Services Co

Never

The internal auditor has to report to the board of directors and exactly to the audit committee.

 

Hazem Habra ACCA CMA CIA
by Hazem Habra ACCA CMA CIA , Financial Controller , Qatar Basketball Fed - QOC

Report What ?

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