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.
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.
Clare Huffington has written: 'Internal Consultancy in the Public Sector'
doing internal audit and help management
public sector
a lot of money
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.
Non public accounting means working in a company , as an internal auditor/accountant as opposed to an external auditor/ accountant providing contracted services. Public accounting experience means working in a cpa firm and providing auditing/ tax/accounting service to various clients.
An internal auditor is one who is on staff at a company or business. The auditor checks to make sure all monies are accounted for, that the company's books balance and that there are internal controls on spending. An external auditor is one that is not a company employee and usually is an accountant from an outside accounting firm that does almost the same job as internal auditors. The main difference is that as an outside company, it can be more objective on its findings.
A sector in which the public can budget
an individual who is a certified public accountant, certified management accountant, certified information systems auditor, or certified bank auditor is eligible to receive Professional Recognition Credit for Part IV of the CIA examination.
why is it necessary for the auditor to assess the internal contol processess