Considering the work of an internal auditor.
by Winters, Alan J.
Abstract- The use of internal auditors has become increasingly important in all business enterprises. The areas covered by the guidelines in SAS 9 on the relationship of the internal audit function on the independent auditor include evaluating the competence and objectivity of internal auditors; making arrangements with the internal auditor; and using the assistance of internal auditors in the audit. In addition to SAS 9, the American Institute of Certified Public Accountants and the Canadian Institute of Chartered Accountants produced an auditing procedure study (APS) to: inform independent auditors of internal auditors' professional standing; provide guidance for evaluating internal audit activities; and provide ways to consider internal auditors' work. The APS specifies the ways internal auditors may affect independent audits, and the coordination of the exchange of information between auditors.