question archive Reporting and Relationships Case Study: Internal Auditing Reporting Relationships: Serving Two Masters (Links to an external site

Reporting and Relationships Case Study: Internal Auditing Reporting Relationships: Serving Two Masters (Links to an external site

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Reporting and Relationships Case Study: Internal Auditing Reporting Relationships: Serving Two Masters (Links to an external site.)

Review the information contained with the governance report, and answer the following questions in a two-to-three page paper that addresses:

  • What is the correct relationship of internal audit to senior management?
  • How should conflict be managed? Is conflict inevitable?
  • What types of relationships would compromise independence?
  • What should the Audit Committee of the Board of Directors do to ensure auditor independence?

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