Question

1 what are the basic principles that are governing internal audit?smu

Answer 1

basic principles of a governing internal audit:1) the auditor should maintain documentation of the important matters.2)Auditor must have adequate training, competence and experience.3)Auditor is required to express opinion on financial information on the basis of conclusions drawn from  evidences4) Auditor must not disclose any confidential information regarding his client to any third party.