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If IA is a management tool how can they be independent? Internal auditors are not supposed to be bias toward the company for which they
If IA is a management tool how can they be independent? Internal auditors are not supposed to be bias toward the company for which they work, but if that company is providing a paycheck being independent could be tough.
Could this same issue be applied to the external auditors? They are also being compensated by the company. Remember Arthur Anderson related to the Enron scandal? How can IA as well as external audit stay independent?
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