Which type of audit has no advisory role within the auditee?

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An external audit is characterized by its independent nature, where the auditors do not have an advisory role within the organization being audited. This is essential to maintain objectivity and impartiality, ensuring that the audit findings and conclusions are credible and trustworthy. External auditors typically assess the effectiveness of internal controls, compliance with regulations, and the overall integrity of the organization's financial reporting or operational processes.

In contrast, internal audits are conducted by employees or agents within the organization, often providing recommendations and advice on how to improve processes and controls. Compliance audits also often include advisory components as they help organizations align with regulatory requirements. A management review involves a more integrative approach and also considers providing recommendations for improvement. The lack of advisory involvement in external audits reinforces their role as an objective assessment that serves to provide assurance to stakeholders about the organization’s adherence to standards or regulations. This distinction is critical for organizations aiming to uphold transparency and accountability in their operations.

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