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plzzzz 4/ John will start working as an internal auditor next Summer. He is explaining what he thinks he will be doing to his friend
plzzzz 4/ John will start working as an internal auditor next Summer. He is explaining what he thinks he will be doing to his friend who is an engineer. "Internal auditors have a very important role in the company and report to the shareholders. Unlike external auditors, internal auditors focus on improvement in the company. As an internal auditor, I will be testing controls over financial reporting as well as effectiveness and efficiency of operations. I will also be involved in booking year-end adjusting entries." What is John right about and what is he wrong about? (4 marks) 5/ List the three dimensions of the COSO internal controls cube and explain why COSO is three dimensional. (4 marks)
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