What is the role of internal auditors in a company?
Internal auditors are responsible for evaluating and improving the effectiveness of risk management, control, and governance processes.
How do internal auditors contribute to risk management?
They identify potential risks, assess their impact, and recommend improvements to mitigate those risks.
What skills are important for internal auditors?
Key skills include analytical thinking, attention to detail, communication, and a strong understanding of accounting and finance.
Can you explain the difference between internal and external auditors?
Internal auditors work within the organization to improve processes, while external auditors provide an independent assessment of financial statements.
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