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.
Ultimately, an internal auditorâs ability to maintain objectivity through the use of professional skepticism affects his or her ability to make sound judgments. But as important as skepticism is, it is only one of the factors that influence professional judgment, alongside audit and industry expertise. As internal auditors begin their next engagement, they should consider how their view of professional skepticism will ultimately affect their evaluation of the audit evidence.