✦ LIBER ✦

Outsourcing the internal audit function

✍ Scribed by Robert W. Rouse

Publisher: John Wiley and Sons
Year: 1996
Tongue: English
Weight: 380 KB
Volume: 8
Category: Article
ISSN: 1044-8136
DOI: 10.1002/jcaf.3970080109

No coin nor oath required. For personal study only.

✦ Synopsis

Outsourcing internal auditingpresents problems that do not arise with other services. The author discusses those unique problemsand how to handle them.

he management structure of the American workplace continues to evolve. A phenomenon of outsourcing has been T its use as a frequent management tool for restructuring a company. A common outsourcing arrangement results in a company disposing of a functional group of assets and personnel to an outside party, which then provides the same services in a long-term agreement. The payroll function is a traditional support service that has been outsourced. Additionally, outsourcing is being applied to import/ export services, information technology, human resource staffing, and other business support services.

The outsourcing of the internal audit function is relatively new to this arena and may present some issues that do not arise with other services. The purposes of this article are to address the internal audit function as an outsourcingservice and to discuss the unique problems that must be resolved before outsourcing can be effected.

Improve company focus. 2. Access world-class capabilities.

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