Identify the basic components in all internal audit reports


Assignment

Read and answer each question and please be sure to use references (APA format). Each question has to have a word count of not less than 300 words. No fluff, but credible reference information.

Q1. There are many ways to write an internal audit report. Discuss any two formats. Identify the basic components that should be included in all internal audit reports.

Q2. When can internal auditors report that their engagements are "conducted in conformance with the International Standards for the Professional Practice of Internal Auditing"? Elaborate using the relevant Standards.

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Accounting Basics: Identify the basic components in all internal audit reports
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