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What is meant by an auditing independent mental attitude?
In auditing, keeping a independent mental attitude involves "professional skepticism". While an auditor should not assume that everything management says is a lie, he also shouldn't assume that everthing management tells him can be relied upon as true without any need for independent verification by the auditor. An auditor often deals with management, but his duty is not to the audited company's management, but rather to the directors, owners and potential future owners of a company, who will rely on the audited financial statements to make decisions about investment in the audited company.
What is the importance internal auditor for an organization?
We can understand the importance of an internal auditor by understanding internal auditing. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.
Who is Macy's Independent auditor?
PWC
Who is is the independent auditor for exxon?
From Exxon's official webpage states: "Independent, registered auditors PricewaterhouseCoopers LLP..." So, PWC is the auditor.
What is the job of internal auditor?
doing internal audit and help management
What is independence in fact for auditor?
Independence in fact exists when the auditor is actually able to maintain an unbiased attitude throughout the audit.
Is words auditor means internal 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.
What is the work experience required to be an internal 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.
What is meant by an auditing independent mental attitude?
In auditing, keeping a independent mental attitude involves "professional skepticism". While an auditor should not assume that everything management says is a lie, he also shouldn't assume that everthing management tells him can be relied upon as true without any need for independent verification by the auditor. An auditor often deals with management, but his duty is not to the audited company's management, but rather to the directors, owners and potential future owners of a company, who will rely on the audited financial statements to make decisions about investment in the audited company.
What is the importance internal auditor for an organization?
We can understand the importance of an internal auditor by understanding internal auditing. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.
Who is Macy's Independent auditor?
PWC
Who is is the independent auditor for exxon?
From Exxon's official webpage states: "Independent, registered auditors PricewaterhouseCoopers LLP..." So, PWC is the auditor.
What is the job of internal auditor?
doing internal audit and help management
Who is the independent auditor of berkshire hathaway?
deloitte
Who is acer's independent accounting auditor?
KPMG
Who is the independent auditor of twitter's financial statements?
The firm Deloitte & Touché LLP is the independent auditor for Twitter. They handle all of the financial statements for this company.
Who is the independent auditor for NIKE?
PricewaterhouseCoopers, LLC
