Mentioned in? 1  airplane maneuver. 2  amplification. 3  animal disease. 4  bind. 5  bowline. 6  bowline knot. 7  branch line. 8  circuit. 9  closed-loop system. 10  coil. 11  control circuit. 12  control system. 13  crochet. 14  electric circuit. 15  electrical circuit. 16  entwine. 17  feedback circuit. 18  flight maneuver. 19  gain.
Responsibility External auditors are responsible to the owners of the company which could be anybody from its owners to the shareholders to the government or general public. Internal auditors are responsible solely to the companyâs senior management.
Such restrictions could impair the effectiveness of the function. Scope of the function. The external auditor should ascertain the nature and depth of coverage of internal audit assignments. He should also ascertain whether management considers and acts upon internal audit recommendations.