Is there a difference between an Internal Auditor and an External Auditor?
Yes. Both of these have their own unique qualities that set them apart. Auditing may primarily be broken down into two categories: internal and external. An internal audit department is staffed by employees of that entity who will provide internal audit functions that benefit the entity as a whole. However, it is common for businesses […]
What Function Does the International Auditing and Assurance Standards Board（IAASB）Play?
The International Auditing and Assurance Standards Board, also known as the IAASB, is responsible for setting the International Standards on Auditing (ISAs). It is an independent body that sets international standards of high quality on aspects of: The International Auditing and Assurance Standards Board were established in March 1978. Before that, it was known as […]
