Which of the following is the primary role of an internal auditor?
A) To ensure the adoption of IFRS by all foreign companies
B) To prepare the financial statements of the company
C) To uncover errors, inefficiencies, and fraud
D) The prepare the financial budgets for the company

Question

Quizplus · Accepted Answer

The primary role of an internal auditor is to uncover errors, inefficiencies, and fraud within a company's operations. They are responsible for reviewing and evaluating the effectiveness of risk management, control, and governance processes. Internal auditors do not typically prepare financial statements or budgets for the company. While ensuring the adoption of IFRS may be important, it is not typically the primary role of an internal auditor.

Which of the Following Is the Primary Role of an Internal