Family and early life [edit]. Edward, Jr., was the son of Edward L. and Lucille (Lewis) Moyers. He was born on October 3, 1928, near Meridian, Mississippi. Moyers graduated from Louisiana Tech University with a business degree in 1955.amily and early life [edit]. Edward, Jr., was the son of Edward L. and Lucille (Lewis) Moyers. He was born on October 3, 1928, near Meridian, Mississippi. Moyers graduated from Louisiana Tech University with a business degree in 1955.
Some of the benefits of having a good system of internal controls are: 1  Helping protect assets and reduce the possibility of fraud. 2  Improving efficiency in operations. 3  Increasing financial reliability and integrity.  Ensuring compliance with laws and statutory 1  regulations. Establishing monitoring procedures.
But it is difficult for auditing students to understand what value the internal audit function brings to the table as most auditing textbooks have only one chapter on internal auditing. That chapter is usually very vague as to what an internal auditor actually does.