Explain the internal auditors' role in Sarbanes-Oxley Compliance
Although SOX do not cast any direct responsibility on internal auditors but SOX requires management to be aware of the activities undertaken in their company and place internal controls to detect frauds. Internal auditor, as an independent reviewer of the financials and procedures can help management in framing policies regarding internal controls. In a broader role than before, internal auditor helps in safeguarding of assets, compliance of laws and regulations, and reliability of operations within the company.
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