How do many companies structure the internal audit group\'s reporting lines in order to increase the level of independence? Do you think this is effective? Why or why not?
Solution
companies structure the internal audit group\'s reporting lines in order to increase the level of independence by allocating the Internal auditors as ther are expected to maximize the assurance provided to the Board, the Audit Committee and Management, and contribute to the continuous improvement strategies of the organization without impairing its objectivity and independence.
Internal auditor
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How do many companies structure the internal audit group-'s reporting.docx
1. How do many companies structure the internal audit group's reporting lines in order to increase
the level of independence? Do you think this is effective? Why or why not?
Solution
companies structure the internal audit group's reporting lines in order to increase the level
of independence by allocating the Internal auditors as ther are expected to maximize the
assurance provided to the Board, the Audit Committee and Management, and contribute to
the continuous improvement strategies of the organization without impairing its objectivity
and independence.
Internal auditor
