For what reasons do internal audit departments report to an audit committee?
A) The audit committee provides objective oversight of a company.
B) The audit committee oversees management who may be the subject of an audit report.
C) The audit committee includes board members and others with qualifications in accounting.
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Reporting to an audit committee ensures objectivity, oversight of management, and benefits from the committee's expertise in accounting and governance, aligning with all the reasons listed.

For What Reasons Do Internal Audit Departments Report to an Audit