The relationship between the external and internal auditor can be described as

Question

Quizplus · Accepted Answer

The external auditor can review the effectiveness of the internal audit function to modify the nature and timing of audit testing. While the internal audit function is separate and independent of the external audit, the external auditor can use the work of the internal auditor as part of their overall audit process. However, the external auditor cannot rely solely on the internal auditor's reports as they have their own responsibilities to form an independent opinion on the financial statements.

The Relationship Between the External and Internal Auditor Can Be