Recommendation for Internal Control Auditor

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Recommendation Brief for an Internal Accountant

Recommendation Brief for an Internal Accountant Internal accountants or auditors can be beneficial to a company when there are problems within their accounting functions that are causing harm to the financial records. Internal auditors are able to perform many different tasks for the company and if they are an employee of the company already, it can save time when there is an issue because he or she has the knowledge of the internal control systems and may be able to fix the bug or problem in less time. Internal auditors are usually employed because they can compare what the company has now and what it should be in order to stay in compliance with the SOX Act (Advameg, Inc., 2011). Internal accountants can review how reliable the financial information is, review the company’s systems to make sure they are in compliance, make recommendations to improve the system, check the assets of the company and how they are safeguarded, and advise the company if their resources are being used adequately (Advameg, Inc., 2011). Internal accountants can perform different types of audits for the company such as an operational, program, fraud, ethical business practices, compliance, financial, control self assessment audits as well as a systems development and life cycle review (Advameg, Inc., 2011). Employing an internal accountant can save the company money because the company will not have to hire auditors to perform the different audits when needed (Advameg, Inc., 2011). One of the most important audits that an internal auditor can perform for the company is the operational audit. An operational audit reviews the company and decides if it is functioning effectively, determines if they are meeting their organizational goals, and if the company is using their resources appropriately (Advameg, Inc., 2011). An…...

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