A study of how to synergize the works of internal auditors and Research Proposal

A learn of how to synergize the works of native auditors and outside(a) auditors to listed companies - Research Proposal ExampleAuditing has been designate as an important smash of the disclosure process. The proposed research will identify the functions of internal and external audits, and determine how these functions can be synergized to construe amusement parker and true audit reporting.The proposed research study intends to meet the following objectives determine the significance of internal and external audits determine the relationship between internal and external audit functions and develop strategies to better audit functions in listed companies.Investment decisions be made based on financial study available at the quantify the decision is made. If theinvestors intentions are to be matched then the financial information provided must be fair and true. The concept of fairness involves impartial accounting of financial efforts. One such method of ensuring that the fi nancial information is fair and true involves audit(Alzurqan&Al_Sufy 2011, p. 56).Audit is afinancial control toolapplied incorporate governance to acts as a safety bankers bill against financial fraud and/or negligenceby company managers. It certifies that the stated financial information candidlyrepresentsreality, and that expenses have been sustained with watch to consistency and correctness. The principal function of audit is toauthenticatefinancial informationcorrectness and comprehensivenessensurefinancial information is tabulated correctly and ensure that all expenses are approved and assured. Audit confirms that financial guidelines and instructionssatisfylegal provisions (Yuniarti 2011, pp. 84-85).Auditors are responsible for financial reporting, observance of code of ethics, chance management and compliance with pertinent regulations. The internal and external auditors work independently but on duplicated functions with the internal audit team responsible for preparing financial statements while the external audit team is