Can you list the advantages and disadvantages of external auditors providing consulting services to the client?

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Question ajoutée par Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date de publication: 2016/11/26

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Disadvantages Conflict of Interest Biased Audits Erroneous Reports Regulatory Dilemma

Advantages

understanding of work operations

par Muhammad Anjum , General Manager Quality & Management Systems , United industries limited

Advantages: They could provide a fair presentation of situation.

Disadvantages: Since they are not harmonize with organization culture and norms, their output could be biased.

Internal auditors should be objective. Objectivity..
Top Answer: A. Requires internal auditors not to subordinate their judgment on audit matters to that of others. ... Voir Plus

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