Many companies outsource their internal audit function to CPA firms. Required: a. What benefits might be gained

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Many companies outsource their internal audit function to CPA firms.

Required:
a. What benefits might be gained from having a CPA firm provide its internal audit services?
b. What benefits might be gained from having an in- house internal audit department?
c. What concerns might arise from having a CPA firm provide its internal audit services?

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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