Internal audit v/s payroll services

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This query is : Resolved

Santosh Khode (Querist)

20 January 2014 Hi Friends,

Whether an internal auditor can also take up the payroll assignment for the same client?

Regards
Santosh

@VaibhavJ

@VaibhavJ (Expert)

20 January 2014 Hi

An internal auditor is appointed by mgmt., so if they are ok with it then no problem.

Thanks

Nikhil Kaushik

Nikhil Kaushik (Expert)

20 January 2014 should not be an issue as internal auditor is supposed to help management manage complainces better...so if the payroll assignment is taken up, it can only add to better compliances.

However, it should be ensured that where any conflict of interest arises, the internal auditor acts in a professional manner and ensure that his integrity is not compromised.

Santosh Khode

Santosh Khode (Querist)

18 February 2014 Thanks Vaibhav & Nikhil

Message likes : 1 times

Nikhil Kaushik

Nikhil Kaushik (Expert)

18 February 2014 you are welcome Santosh..

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