employee of the organization who is conducting an internal audit. The internal auditor works independently of the accounting and other departments and is concerned with financial and/or operational activities of the organization. The internal auditor attempts to assure the accuracy of business records, uncover internal control problems, and identify operational difficulties. The internal auditor’s opinion on the company’s financial records does not have the same acceptance as that of a CPA doing the same work.
employee of a company who examines records and procedures to ensure against fraud and to make certain board directives and management policies are being properly executed.