Appointment of - Whether statutory auditor of company can also be its internal auditor

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....y auditor of company can also be its internal auditor A question has been raised whether a statutory auditor of a company can also be its internal auditor, which has been carefully examined in this Department and its view is as follows : The internal auditor is appointed by the management and hence is in the position of an employee, whereas the statutory auditor is appointed by the company i....