Our Recommendations :-
Follow CA Final FB Page

What is the relationship between Internal Audits and external auditors who audit the department of health care services?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Uma asked over 2 years ago

    0       0 Answer Now Comment Report
4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 acharya answered over 2 years ago

The Audit Coordinator will monitor the progress of the external auditors to ensure that they conduct their audits in a professional manner. We will ensure that the external auditors remain focused on their specific audit objectives and act within their stated authority.

    0       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered over 2 years ago

The department is visited by many external auditors during any given year. The Audit Coordinator will act as a liaison between the external auditors and the Department. The Audit Coordinator will monitor the progress of the external auditors to ensure that they conduct their audits in a professional manner. We will ensure that the external auditors remain focused on their specific audit objectives and act within their stated authority.

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 jitendra etikala answered over 2 years ago

Internal Audit and External Audit are the two most important types of audit which are performed in an organization. Internal Audit is not compulsory by nature, but can be conducted to review the operational activities of the organization. Let’s look the other term External Audit which is obligatory for every separate legal entity, where a third party is brought to the organization to perform the process of Audit and give its opinion on the Financial Statements of the company. It happens many times that we consider both as one, but they are thoroughly different from each other and therefore we have compiled the most important difference between internal audit and external audit.

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 lochan answered over 2 years ago

The department is visited by many external auditors during any given year. The Audit Coordinator will act as a liaison between the external auditors and the Department. The Audit Coordinator will monitor the progress of the external auditors to ensure that they conduct their audits in a professional manner. We will ensure that the external auditors remain focused on their specific audit objectives and act within their stated authority. Thanks

    0       0 Comment Report
Get Notifications
Videos
Books
Notes
Loading
SIGN UP
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.