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How to synergize the works of internal auditors and external auditors to listed companies

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documents in English
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presentations
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9 pages
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  1. Auditing
  2. The roles and responsibilities of internal auditors
  3. Reporting structure of internal audit functions and duties
  4. Roles and responsibilities of external auditors
  5. How internal and external auditors benefit a listed company
  6. Relationship between internal auditors and external auditors
  7. How the internal and external auditors can work together
  8. Internal control
  9. Reporting the financial statements
  10. Fraud and corruption
  11. Risk management
  12. Role of the audit committee

Internal and external auditors have been used over the years to promote transparency and compliance with the accounting procedures in listed companies. The external and internal auditors have had separate duties in the audit process. However, conflicts have been witnessed between the internal and external auditors and this has therefore greatly undermined their effectiveness. Due to this, there has been the need to come up with ways to improve the overall efficiency of the whole process. This research paper explores how to synergize the works of Internal Auditors and External Auditors in listed companies. To achieve the objectives of the research, secondary sources were used to obtain data. The data obtained was analyzed and discussed. Finally a conclusion was made in response to the research question.

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