Act 2 Foundation of Internal Auditing Part 2

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ICCT Colleges Foundation, Inc.

BSAELE 04: Operation Auditing and FS Auditing

CHAPTER 2 – ACTIVITY
Foundation of Internal Auditing Part 2

AL Vincent Miravalles OLTA411E007

Direction: "Sarah is an accountant in Accounting Department. Then


Management wants to assess the reliability of its cash balance as at 31
December 2022. Because of lack of manpower, Sarah will assign to audit
the Treasury Department."
Discuss if Sarah is appropriate to the role and if any issue or risk that may
arise if Sarah will accept the new role in 500 words.

Cite Reference in your response. No referencing, no score.

Accountant – Accountants play a key role in finance departments such as the


measurement and interpretation of financial information. The results of their work
ensure compliance, and provide the groundwork for greater financial strategies.

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