Multiple Choice Questions on Internal auditor of a company must be ........ for Punjab Government (Allied) Exams Preparation

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Multiple Choice Questions

Internal auditor of a company must be ........

Auditing Concept of Auditing
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    Internal auditor of a company must be _______________.

    Accountant.

    Incorrect Answer

    Chartered accountant.

    Incorrect Answer

    any such other professional as may be decided by the Board 

    Incorrect Answer

    All the above

    Correct Answer
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    Explanation:

    An internal auditor, who shall either be a chartered accountant or a cost accountant, or such other professional as may be decided by the Board to conduct internal audit of the functions and activities of the company.

    By: Parvesh Mehta
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    M

    external auditor must have professional qualifications , and internal auditor shall either be cost accountant, CA, or such other professional as decided by board.

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