Mentioned in? 1  airplane maneuver. 2  amplification. 3  animal disease. 4  bind. 5  bowline. 6  bowline knot. 7  branch line. 8  circuit. 9  closed-loop system. 10  coil. 11  control circuit. 12  control system. 13  crochet. 14  electric circuit. 15  electrical circuit. 16  entwine. 17  feedback circuit. 18  flight maneuver. 19  gain.
Responsibility External auditors are responsible to the owners of the company which could be anybody from its owners to the shareholders to the government or general public. Internal auditors are responsible solely to the companyâs senior management.
In evaluating this function the external auditor should consider the following factors: Organization status . Since internal audit function is part of the entity it cannot be totally independent.