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.
Employees who carry out this function are called internal auditors. During an internal audit, internal auditors will evaluate and monitor a company's risk management, reporting, and control practices and make suggestions for improvement. Internal auditing covers not only an organization's finance function, but all the operations and systems in a firm. While internal auditors are typically accountants, this activity can also be carried out by other professionals who are well-versed with a company's functions and the relevant regulatory requirements.