Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Biology Expert

Gene is a new staff-level auditor on the audit of CalPower, a publicly traded energy and utility company. On his first day, his senior informs him that the engagement team is scheduled to have lunch with the internal auditor to discuss ways to improve this year's audit. While Gene has heard a lot about internal auditing in school and has some friends who recently began working as internal auditors, he is unfamiliar with exactly what internal auditors do and how internal and external auditors can work together to improve the audit process. Gene decides to take a look at last year's internal audit report prepared by CalPower's internal auditors.
He notices that the report includes a sentence that reads, "CalPower's Internal Audit group maintains a high level of independence from management." Because Gene is intimately familiar with the extensive independence requirements of his own firm, he cannot figure out how CalPower's internal audit group can possibly assert their own independence.

What is meant by independence from management for internal auditors?

Biology, Academics

  • Category:- Biology
  • Reference No.:- M926885

Have any Question? 


Related Questions in Biology

1 the urinary system does all of the following except ita

1 The urinary system does all of the following, EXCEPT it A secretes excess glucose molecules B regulates blood volume C contributes to stabilizing blood pH D eliminates organic waste products E regulates plasma concentr ...

Healthy people 2020 is a framework to assist communities in

Healthy People 2020 is a framework to assist communities in preventing disease and promoting health. Search the scientific literature and find a research study related to one of the focus areas identified by Healthy Peop ...

Explain how resource partitioning led to character

Explain how resource partitioning led to character displacement in the interactions between the benthic and limnetic sticklebacks in Paxton Lake.

Do some research and describe at least one specific example

Do some research and describe at least one specific example where antibiotic overuse has resulted in a negative effect. What was the effect of this overuse? How could this have been prevented? What do you think about ant ...

A fisheries biologist wants to increase the size and

A fisheries biologist wants to increase the size and production of lake trout in a lake where there are no forage fish (smaller species of fish that eat zooplankton and are eaten by lake trout). Without forage fish, lake ...

1 describe how the lac operon functions when glucose and

1. Describe how the lac operon functions when glucose and lactose levels are high. 2. Describe how the lac operon functions when glucose levels are low and lactose levels are high. 3. Describe how the lac operon function ...

Color vision gave our primate ancestors great advantages if

Color vision gave our primate ancestors great advantages. If color vision is an advantage, discuss how the condition of color-blindness still exists in humans today.

To investigate transformer tra gene expression during sex

To investigate transformer (tra) gene expression during sex determination in Drosophila, you perform in situ hybridization (FISH) and immunostaining. Fill in the table with the results you expect to observe following the ...

Book reviewbook criteria that should go without sayingthe

BOOK review: Book criteria that should go without saying: The book must be  non fiction. The book must be about  Astronomy .  The book cannot be the textbook.  Book Reviews must be at least two pages.

In preparation for this assignment please visit each of the

In preparation for this Assignment, please visit each of the following websites to learn about how HIV wreaks havoc on the human immune system. Aids.gov. Overview of HIV Treatments. Retrieved fromhttps://aids.gov/hiv-aid ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro