Internal auditor of a company must be ____
a) Cost accountant
b) Chartered accountant
c) ICWA
d) Need not possess any professional qualification
Answer: d) The internal auditor of a company need not possess any professional qualification. The internal auditor must be appointed by the board of directors in the general meeting of the shareholders. The appointment of the internal auditor may be revoked by the board on a resolution passed by them at a meeting.
Categories: Audit