Audit partner vs senior internal auditor

Differences between audit partner and senior internal auditor duties and responsibilities

Audit partner example responsibilities.

• Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
• Frequent speaker to professional organizations on FASB activities.
• Implement audit risk practice utilizing COSO methodology, updating internal audit approach from traditional substantive testing to risk-base auditing.
• Involve in planning and execution of testing revenue/ cost adjustments relate to an early adoption of ASC 606.

Senior internal auditor example responsibilities.

• Schedule, plan, conduct fieldwork and report writing of audits using a COSO base audit methodology managing staff on audits.
• Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
• Conduct audit reviews, document business processes, and evaluate internal controls base on Sarbanes-Oxley good governance standards and policies.
• Execute or review Sarbanes-Oxley internal controls testing for various business processes and evaluate business systems to determine their efficiency and effectiveness
• Enhance work paper standards according to IIA framework.
• Confirm that internal controls are properly map to financial statement assertions to ensure that all COSO assertions are met.
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