In an internal audit function,the nature of independence is different than that of an external auditor.

Question

Quizplus · Accepted Answer

External auditors are completely independent from the company they are auditing, while internal auditors are part of the organization and may have relationships and motivations that could potentially compromise their independence. However, internal auditors are still expected to maintain a level of objectivity and independence in their work.

In an Internal Audit Function,the Nature of Independence Is Different