The director of one of your growing clients have decided to create an internal audit
function in their organizational structure.
Required:
a) List and briefly describe the duties you would expect the internal audit staff to
perform.
(10 marks)
b) List and explain the criteria which you would consider before deciding to rely on
the work of the internal audit function.
(5 marks)

c) State the extent to which you, as an external auditor, can rely on the work of the
internal audit function. (5 marks)