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Is internal audit a better career than statutory audit in India?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Rashmitha asked almost 3 years ago

Is internal audit a better career than statutory audit in India?

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2 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

Both audits are the different having different objective. Internal audit is more wider than statutory audit.Internal audit as a career option is a better choice. The reason being internal auditor requires analytical skills that would help his/her organisation find leakages and design better processes and solutions.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered almost 3 years ago

Dear Friend, Both audits are the different having different objective. Internal audit is more wider than statutory audit.Internal audit as a career option is a better choice. The reason being internal auditor requires analytical skills that would help his/her organisation find leakages and design better processes and solutions. Statutory audit gives an edge of independence. You are not an employee of the company.. You have a right to comment. Also, it will allow you to venture out in different types of businesses..ultimately enhancing your knowledge. Both audit has scope of earning which depends on your quality of service and knowledge you have.

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