In many companies, it is typical for internal audit to itself perform a risk assessment which it
Question:
In many companies, it is typical for internal audit to itself perform a risk assessment which it will use for audit planning and execution purposes. Do you have any thoughts on what you see as the pitfalls in this? What is the ideal situation in a company?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
While internal audits constitute an essential part of a companys risk management certain pitfalls can accompany audits performed by internal teams The...View the full answer
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
3+ Reviews
10+ Question Solved
Related Book For 
Implementing Enterprise Risk Management Case Studies And Best Practices
ISBN: 9781118745762
2nd Edition
Authors: John Fraser, Betty Simkins, Kristina Narvaez
Question Posted:
