Advantages and disadvantages of internal auditors reporting to audit committee

This is an independent board therefore organizational independence is achiewed

Enforces internal audit recommendation


Time factor – lack quality time to support the internal audit activity on day to day basis as an Independent reporting facility. Audit committee meets on average four times a year

Their functions are parallel – the audit committee is apart from the main stream of business activities. As result , the internal auditor does not always receive necessary information and directives which might enable him to function effectively

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