Internal audit function within an organization, Accounting Basics

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Internal audit function within an organization

As Vice President of Internal Audit, Cynthia Cooper reported directly to WorldCom's CFO, Scott Sullivan. She did not report directly to the Chairman of the Audit Committee. What do the professional standards of the Institute of Internal Auditors to recommend for the organizational reporting line of authority that will best facilitate an effective internal audit function within an organization?

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Accounting Basics: Internal audit function within an organization

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Internal audit function within an organization

Reference No:- TGS076762

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Compute the uncollectible account expense

Q : The total deferred tax liability

Q : Copy of the sarbanes-oxley act

Q : Operation of an effective corporate whistleblower

Q : Internal audit function within an organization

Q : Information about a potential fraud

Q : Loss reflected in the quarterly income statements

Q : What amount of accrued liability would jackson have reported

Q : What amount of drd may eagle claim

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Internal audit function within an organization

Reference No:- TGS076762

Recent Questions Asked Accounting Basics

Q : Compute the uncollectible account expense

Q : The total deferred tax liability

Q : Copy of the sarbanes-oxley act

Q : Operation of an effective corporate whistleblower

Q : Internal audit function within an organization

Q : Information about a potential fraud

Q : Loss reflected in the quarterly income statements

Q : What amount of accrued liability would jackson have reported

Q : What amount of drd may eagle claim

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