The role and responsibilities of external audit.
However, external auditor is the employee that independence and outside the organization is hired by the organization or the company and do not treats his or her as their own employee. The external auditor is work for the third party like shareholders, but not the organization or the company itself. Their primary client is board of director.
This thesis stems from academic research following my MPhil in 1992. It presents a portfolio of fourteen selected papers offering insights on major issues affecting the accountancy-related areas of external auditing (EA) and corporate governance (CG) in the small state of Malta. The commentary (Chapter 1) presents a background to the development of the portfolio and overviews the theoretical.
THE ROLE OF INTERNAL AUDITORS IN THE PROFESSIONAL DEVELOPMENT OF AUDIT COMMITTEE MEMBERS by ILSE FERREIRA submitted in fulfilment of the requirements for the degree of MASTER OF COMMERCE in the DEPARTMENT OF AUDITING at the UNIVERSITY OF SOUTH AFRICA SUPERVISOR: Prof B Van Heerden CO-SUPERVISOR: Mrs M Marais JUNE 2007.
The requirement set out in the Corporate Governance Code is to assess the effectiveness of the external audit process annually, but we acknowledge that it is unlikely that audit committees will wish to do such a comprehensive review suggested by the Full Framework (Appendix 3) every year.
Dissertation on Auditing. Auditing requires going into the depth of the financial records of an organization or a government. Finding data for preparing dissertations on auditing is relatively a time consuming task. Due to busy schedule students of PhD are unable to spare time for finding relevant research material.
The recent global financial crisis has added fuel to the heated debate on whether boards of directors in general and audit committees in particular are effective in curtailing aggressive financial reporting practices and maintaining a transparent audit process. Specifically, UK regulators raised widespread concerns about the criteria of revenue recognition and the role of external auditors.
Internal audit is a long-standing function and an effective tool of management in many organizations. According to Okezie,(2004)Internal Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.