TITLE

THE AUDIT ROLE IN INTERNATIONAL CONTROL

AUTHOR(S)
Cornelius, James; Grobstein, Michael
PUB. DATE
July 1986
SOURCE
FE: The Magazine for Financial Executives;Jul/Aug1986, Vol. 2 Issue 7/8, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the role of internal audit in the control of overseas operations. Many corporate directors, as well as chief financial officers, believe that internal auditors should focus on control effectiveness rather than operating efficiencies. There are significant benefits to be gained from integration of audit efforts at operations outside the U.S. Once a decision is made for internal audit to become involved in audits of operations outside the U.S., the next step is to set priorities. Some companies are challenging the cost effectiveness of maintaining an internal audit function, and others have concluded that their external auditors may be able to do the job for less.
ACCESSION #
15090634

 

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