Which type of accounting professional provides the third line of defense by evaluating accounting systems for internal control deficiencies that provide an opportunity for fraud?
A) Compliance officers
B) Financial accountants
C) Internal auditors
D) External auditors

Question

Quizplus · Accepted Answer

Internal auditors are responsible for providing the third line of defense in an organization by evaluating the effectiveness of internal controls, including those related to accounting systems, to prevent and detect fraud and ensure compliance with laws and regulations.

Which Type of Accounting Professional Provides the Third Line of Defense