In the Sarbanes-Oxley era there is a real need for a good understanding of the different responsibilities and reliances that can be placed on the work of others. External auditors must have a good comprehension of the types and extent of work that internal auditors do. Since most universities do not provide a stand-alone course on internal auditing, students must rely on what they learn in the mainstream auditing class to obtain their understanding of what an internal auditor does. This paper provides auditing instructors a vehicle for teaching the need for, and the approach to, how internal auditors do their jobs.

This article is from the Accounting Instructors’ Report, an electronic journal that provides teaching tips and insights to those who teach accounting and other business courses.

Susanne O’Callaghan, Ph.D., CPA, CIA, Associate Professor of Accounting, Pace University
John P. Walker, Ph.D., CPA, Professor of Accounting, Queens College – CUNY
Raymond J. Elson, DBA, CPA, Corresponding author, Assistant Professor of Accounting, Valdosta State University

Read Teaching Auditing Students About Internal Controls From an Internal Audit Perspective.