Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

dear tutor, I've given my own points for the question above. Please help me explain more in details each and every points with examples as

dear tutor, I've given my own points for the question above. Please help me explain more in details each and every points with examples as well. Please dont write back what you found from google pls.

image text in transcribed There is a wide range of ways internal auditors can act to add value to their organisation' Discuss the statement above. 1. 2. 3. Providing services related to enterprise risk management Developing new innovative, efficient, effective and economic audit methods and approaches that bring value to the results of the audit Increasing internal audit focus on the risks or issues that have the most signicance to the organ isation's goals that maximise the chance to ac hieve its goals 1|.I"|.I'orking closelyr with management to identifyr and provide audit activities that will result in great value to them Identifving what audit customers want, and then meeting or exceeding their expectations Becoming a catalyst for change Making audit more collaborative Using selfassessments to encourage buvin Concentrating on business risks . Aiming to improve operation and increase profit . Tackling problem areas such as healthcare costs . Sharing technologyr with business units . Aligning with audit customers . Issuing audit advisories companvwide . Conducting proactive and preventative auditing . Reducing external auditor cost . Placing auditors in special assign menE . Getting audit report out in a timelyr manner . Going back to the basis

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Ethical Obligations And Decision Making

Authors: Steven Mintz

1st Edition

0078025281, 9780078025280

More Books

Students also viewed these Accounting questions

Question

2. How do I perform this role?

Answered: 1 week ago