This study surveyed the extent of reliance on internal auditors by external
auditors . Two sets of questionnaires were designed for our study . The
first set of questionnaire was administered in mid-July to more than 50
CPA firms whereas the second set of questionnaire was administered in
mid-August to act as a validity check. Descriptive statistics, Mann
Whitney-U tests, one-way and two-way Anova were used to analyze the
data. Results of the survey showed that competence, objectivity,
coordination and risk were among the factors that had significant effect
on the reliance on internal auditors . Further, it was also found that
demographic factors such as experience and age of external auditors
affected the reliance level on internal audit .ACCOUNTANC
