If a company has internal auditors,it does not need to have external auditors.

Question

Quizplus · Accepted Answer

While internal auditors are responsible for examining and evaluating a company's internal controls and operations, external auditors, who are independent of the company, are required by law or regulation to provide an objective opinion on the company's financial statements. Therefore, both internal and external auditors serve different purposes and complement each other in ensuring a company's financial integrity.

If a Company Has Internal Auditors,it Does Not Need to Have