Internal auditors assist external auditors with financial audits to
A) reduce audit fees
B) ensure independence
C) represent the interests of management
D) the statement is not true; internal auditors are not permitted to assist external auditors with financial audits

Question

Quizplus · Accepted Answer

Internal auditors can assist external auditors to reduce audit fees by performing some of the audit work, which can lead to cost savings.

Internal Auditors Assist External Auditors with Financial Audits to