Your answer would depend on several criteria such as location of the job, experience/background and the company hiring. An auditor in NY would make substantially more than someone in a rural area. CPA or people with experience will make more than a person starting out. To give a ball park figure I would say a starting salary - no experience would be in the low 30's. CPA and experience would start at about $50K per year
The Institute of Internal Auditors (IIA) was founded in 1941 by a small group of dedicated practitioners in the field they identified as "internal auditing."
External auditors rely on internal auditors because internal auditors provide valuable insights into a company's operations, controls, and risk management processes. Their ongoing assessments can help external auditors identify areas of potential concern and streamline their own audit procedures. Additionally, effective internal audit functions can enhance the credibility of financial reporting, allowing external auditors to focus on higher-risk areas. This collaboration can lead to a more efficient and thorough audit process overall.
Internal auditors are primarily involved in completing operational and compliance audits, although some perform financial audits of segments of their companies.
why is it necessary for the auditor to assess the internal contol processess
The Institute of Internal Auditors (IIA) is an international professional organization representing the internal auditing profession.
The Institute of Internal Auditors provides a certification program for candidates who seek to be certified internal auditors (CIA).
Institute of Internal Auditors was created in 1941.
Internal auditors identify control problems and develop solutions for improving and strengthening internal controls. Internal auditors are concerned with the entire range of an organization's internal controls
How make is performance appraisal of Internal Auditors
The Institute of Internal Auditors (IIA) was founded in 1941 by a small group of dedicated practitioners in the field they identified as "internal auditing."
External auditors rely on internal auditors because internal auditors provide valuable insights into a company's operations, controls, and risk management processes. Their ongoing assessments can help external auditors identify areas of potential concern and streamline their own audit procedures. Additionally, effective internal audit functions can enhance the credibility of financial reporting, allowing external auditors to focus on higher-risk areas. This collaboration can lead to a more efficient and thorough audit process overall.
Internal auditors are primarily involved in completing operational and compliance audits, although some perform financial audits of segments of their companies.
monitoring
why is it necessary for the auditor to assess the internal contol processess
external auditors focus primarily on controls that affect financial reporting. External auditors have a responsibility to report internal control weaknesses (as well as reportable conditions about internal control)
I'm a CA with 3 years experience. I worked as Audit Manger at a Big firm and earned R470 000 per annum. I then moved into a financial manager position and now earn R600 000 per annum.
The Institute of Internal Auditors (IIA) is an international professional organization representing the internal auditing profession.