Internal and External Auditors and Audit Committees Need to Improve Relationships

Better communication among internal and external auditors and audit committee members can ease some of the tensions, according to a new report.

Click on the following link for the article: www.accountingtoday.com

My comments: the audit committee hires or is involved in hiring the outside independent auditor (right?), and the audit committee at least in part oversees or at least interacts with internal audit (right?) – so, at least as between the outside independent auditor, internal audit, and the audit committee, it is the audit committee that would be heading these efforts (right?). Just thoughts.

Dave Tate, Esq. (San Francisco and California)

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