No. The word auditor doesn't only mean an internal auditor but
also an external auditor. An auditor could be an internal or an
external auditor. In most cases simply an auditor means an external
auditor.
No. The word auditor doesn't only mean an internal auditor but
also an external auditor. An auditor could be an internal or an
external auditor. In most cases simply an auditor means an external
auditor.
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Internal auditor is elected by a voice vote in a general body
meeting of any organization. You don't need any qualification for
becoming an internal auditor. But if you are already in the line of
accounts and audits, you have the brightest chance of being elected
in your organization as Internal Auditor.
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doing internal audit and help management
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a lot of money
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Duties of internal auditor is to overview the internal control
system in company to ensure sound internal control systems.
Duty of external auditor is to examin the books of accounts and
give verdict about true and fair nature of books of accounts.