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QUESTION 1 (20 Marks) 1.1. Briefly explain the difference between external and internal auditors? (5 marks) 1.2. Describe the main purpose of carrying out an

QUESTION 1 (20 Marks)

1.1. Briefly explain the difference between external and internal auditors? (5 marks)

1.2. Describe the main purpose of carrying out an audit? (5 marks)

1.3. Briefly describe the following types of audit engagements;

i. Financial audit (2 marks)

ii. Operational audit (2 marks)

iii. Integrated audit (2 marks)

iv. Compliance audit (2 marks)

v. Information systems (IS) Audit (2 marks

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