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Remedies for the Expectations Gap: The Internal Auditing Perspective

journal contribution
posted on 2023-05-16, 17:39 authored by Karin Petruska, Gulraze WakilGulraze Wakil

 [...]auditors only assess the probability that these items are correct by checking and analyzing a sample rather than all financial information of an organization. [...]IA performs many types of audits, including compliance audits, benefit plan audits, operational audits, transaction cycle audits, management audits, and even ethics audits.13 There are also integrated audits, which include regulatory and operational audits that encompass many areas of the organization, not just accounting per se. [...]internal audit has begun to draw staff from diverse backgrounds, even nonaccounting areas. [...]IA can be an exciting profession for recent graduates starting on their career path and can provide ample opportunities. [...]accounting education has not grown ubiquitously to inform students of IA opportunities and job features. 

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