Organizations contract or hire individuals with specific skills to conduct internal audits to
ensure their organizations are following their documented policies, procedures, and processes. In addition, federal mandates are placed on specific organizations within industries requiring continuous audits, whereas organizations contract outside auditors to work with their internal auditors in determining the heah of the organization.
Identify the internal and external processes used by auditors for your chosen organization from your Week One assignment.
Write a few paragraphs describing the processes you have identified. Be sure to include any Federal mandates imposed,
Create a 4- to 6-slide presentation that depict processes typically followed within your chosen organization supporting internal and external audits.
Include two additional peer review resources to support your analysis.
The attached files are from Week 1 and Week 2.
Running head: AUDIT PROCESS 1 Audit Process
Institution AUDIT PROCESS 2 The CommonWeah One Federal Credit Union Audit Process
An audit is a formal check of financial accounts of an…