Who should usually perform a postaudit of a company's capital investment?

Question

Quizplus · Accepted Answer

The internal audit staff is typically responsible for conducting postaudits of a company's capital investments. This is because they have the expertise and independence to objectively evaluate the effectiveness and efficiency of the investment, as well as identify any areas for improvement. The CEO, board of directors, and manager of the investment may be involved in the process, but the internal audit staff should take the lead in performing the postaudit.

Who Should Usually Perform a Postaudit of a Company's Capital