Internal auditor qualifications

This query is : Resolved

SAMRA (Querist)
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07 December 2015 Hello Sir, Internal Auditor can be a CA in practice or not. Itmeans CA in service can be an Internal Auditor. Doubt is... If he is in service does he require any permission from his employer to perform internal audit of others? or can he act as an internal auditor of his own company where he presently is in employment?

CA CS Jainam Shah

CA CS Jainam Shah (Expert)
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07 December 2015 Internal audit can be done by any person.

In simplified terms internal audit means checking work of person by another person.

In internal audit there is not any qualification criteria. You can act as a internal auditor in your company.