Ask Experts Questions for FREE Help !
Ask
    f8thellis32's Avatar
    f8thellis32 Posts: 2, Reputation: 1
    New Member
     
    #1

    Oct 16, 2007, 07:55 AM
    Independence between internal & external auditors?
    Is there a difference in the concept of independence between the internal and external auditors? How does this impact the job of the forensic accountant.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
     
    #2

    Oct 18, 2007, 02:36 PM
    Quote Originally Posted by f8thellis32
    Is there a difference in the concept of independence between the internal and external auditors?

    Yes, there is.

    Make an attempt at your own homework before asking others to do your work for you.
    f8thellis32's Avatar
    f8thellis32 Posts: 2, Reputation: 1
    New Member
     
    #3

    Oct 19, 2007, 06:03 AM
    Captain "Immature" Forest. First, there is any homework involved, this question was asked out of curiosity. And secondly, if you cannot give an "intelligent" answer please do not respond to any questions. This site is designed for "intelligent", "serious minded" individuals with questions. Your answer explained your IQ level, because evidently you cannot even comprehend what the question is asking for. I am sorry you cannot comprehend technical questions. Have a great day!
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
     
    #4

    Oct 19, 2007, 01:22 PM
    When a question looks like a homework question, smells like one, it usually is.

    I do have the technical ability to answer your question, but as I said, you have to make an attempt at your own homework question first.

    While I still believe this is a homework question (others have done the same thing you have done before)…


    External auditors are not employees for the company. They are consultants, hired by the company to come in and look at the books/audit them.

    Whereas internal auditors are employees of the company. They work 24/7 for the company and therefore the audits they do, might get lost or adjusted if management wants it. Not saying they are corrupt, but they would be more easy for management to manipulate.

    Therefore, a forensic accountant would be more likely to rely on an external auditor than an internal one.


    Quote Originally Posted by f8thellis32
    Is there a difference in the concept of independence between the internal and external auditors? How does this impact the job of the forensic accountant.
    Quote Originally Posted by f8thellis32
    Captain "Immature" Forest. First, there is any homework involved, this question was asked out of curiosity. And secondly, if you cannot give an "intelligent" answer please do not respond to any questions. This site is designed for "intelligent", "serious minded" individuals with questions. Your answer explained your IQ level, because evidently you cannot even comprehend what the question is asking for. I am sorry you cannot comprehend technical questions. Have a great day!

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Ping not recognized as internal or external command [ 9 Answers ]

When running cmd C:\Documents and Settings\... \ping I get the following error 'ping' is not recognized as an internal or external command. Please help me solve my problem Thanks

Independence Day [ 3 Answers ]

Happy 4th of July everyone! I'm interested to know, how is everyone celebrating this wonderful day of our independence? :) I'm going to the beach all day to swim with my friends and family, then at night we're watching the fireworks show. Its really neat, they light the fireworks off the coast...

Independence of Auditors [ 1 Answers ]

How do I improve the above subject

Internal and external vga & Video card with TV out... [ 2 Answers ]

Ho.. sorry I an a beginner on this field... I want to buy a vga or video card for watching movies loaded in my computer on my TV screen.. so I want to know what is the difference between the VGA and The Video card.. my computer is pentium 4 so if I bought a 256 mb vga card or video card with...

Constitution, declaration of independence [ 0 Answers ]

What is the difference between the declaration of independence, the universal declaration of human rights, and the US constitution? Or why were there 3 documents written? How were minorities violated in any of these?


View more questions Search