Income auditor vs internal audit director

Differences between income auditor and internal audit director duties and responsibilities

Income auditor example responsibilities.

• Contribute by seamlessly managing A/R process for a month due to employee illness.
• Report and disclose any variance on the POS's.
• Prepare the daily food & beverage journals from POS system reports.
• Process payroll and issue exception reports to department managers.
• Transmit payroll information in a timely and efficient manner.
• Reduce transaction time and improve Sarbanes-Oxley compliance by developing and implementing new, improve processes for identifying and eliminating obsolete inventory.
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Internal audit director example responsibilities.

• Implement COSO framework to achieve objectives relate to financial reporting, regulatory compliance, and operational effectiveness and efficiency.
• Manage Sarbanes-Oxley implementation and internal audit outsourcing and co-sourcing activities for clients in multiple industries including financial services and manufacturing companies.
• Develop internal audit risk assessments base on COSO internal control framework.
• Establish internal quality control standards which enable maximum SOX reliance strategy by external auditors resulting in reduce external audit fees.
• Review detailed work papers and reports in accordance with the department and IIA standards.
• Establish compliance program which include all internal company investigations and ethics training for all employees.
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