Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between an internal auditor, an external auditor and a federal or other governmental auditor?

April 26, 2017Auditor difference external Federal governmental Internal

0

Posted

What is the difference between an internal auditor, an external auditor and a federal or other governmental auditor?

1 Answer

0

Posted

Each type of auditor has a different scope, perspective and objectives. Internal audit is concerned with anything in the University and is designed to add value and improve the University’s operations. External auditors are independent of the University and are hired to provide an opinion on the information being audited. Federal and other governmental auditors audit the specific grants and awards provided by their respective agencies.