Recommendation For Internal Control Auditor Essay

708 words - 3 pages

Recommendation Brief for an Internal Accountant

Recommendation Brief for an Internal Accountant
Internal accountants or auditors can be beneficial to a company when there are problems within their accounting functions that are causing harm to the financial records. Internal auditors are able to perform many different tasks for the company and if they are an employee of the company already, it can save time when there is an issue because he or she has the knowledge of the internal control systems and may be able to fix the bug or problem in less time. Internal auditors are usually employed because they can compare what the company has now and what it should be in order to stay in ...view middle of the document...

Technology and outside threats are constantly changing and the internal auditor will be able to alert the company at the first sign of trouble or if an employee was attempting to commit fraud by trying to override the internal controls of the system.
Qualifications of an Internal Auditor
The company should use care and caution when choosing an internal auditor because it is necessary to check to see if the person is qualified for the position. An internal auditor should have three to five years of experience and a Bachelor’s or Master’s degree in accounting or finance. It is also helpful if he or she has some sort of certification from the Institute of Internal Auditors that can be obtained after working as an internal auditor for two years and passing a four part exam (United States Department of Labor, 2011). The auditor should also have good ethical standards as well as independence from the company and should abide and follow the rules as set forth by the AICPA so his or her standards are not called into question (United States...

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