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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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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.

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