How does the internal audit process typically differ from an external audit in terms of scope, procedures, and reporting, and what are the advantages or disadvantages of each type of audit?
What are the best practices for ensuring that the findings and recommendations from an internal audit are effectively communicated and implemented by management and other stakeholders within the or...
**What are the primary objectives of conducting an internal audit within an organization, and how do they align with the company's overall risk management strategy?
2. **How can an organization effectively ensure the independence and objectivity of its internal auditors, especially when they are part of the same workforce as those they are auditing?
3. **What are the key differences between internal and external audits in terms of scope, reporting, and consequences for the organization being audited?