Internal auditors are expected to add value to the organization through improved operational effectiveness. In addition, their responsibilities include all the following except
A) reviewing the reliability and integrity of information.
B) ensuring compliance with the company's accounting policies.
C) verifying accounting information for external users.
D) ensuring compliance with applicable governmental regulations.

Question

Quizplus · Accepted Answer

Internal auditors are responsible for reviewing the reliability and integrity of information, ensuring compliance with the company's accounting policies, and ensuring compliance with applicable governmental regulations. However, they are not responsible for verifying accounting information for external users. This responsibility typically falls to external auditors.

Internal Auditors Are Expected to Add Value to the Organization