If u have any query related to Internal audit..u can ask..
Aryan Barma (Article Assistant) (46 Points)
05 March 2011If u have any query related to Internal audit..u can ask..
Biji Joseph
(PARTNER)
(34 Points)
Replied 10 March 2011
Who can appoint Internal Auditor?
Any board resoluation required for the same?
I ALSO WANT TO ASK THAT
"Who can appoint Internal Auditor?"
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CA Surya Kumari
(CA)
(17 Points)
Replied 11 March 2011
Management appoints the Internal Auditor.Yes, a board resolution is required to be passed.
hengoo
(CMA)
(21 Points)
Replied 12 March 2011
Originally posted by : CA Surya Kumari | ||
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Management appoints the Internal Auditor.Yes, a board resolution is required to be passed. |
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One of the Audit Committee's roles is to:
- Appoint the Chief Audit Executive CAE and determine his/her compansation
NOT the management, so the audit committee provide the independence to the CAE
NOTE: More about audit committee is attached