Question 4b
Marking Guide
up to 1 mark per well explained advantage/disadvantage | |
| staffing gaps addressed immediately | |
| skills and experience increased | |
| costs of training eliminated | |
| possibly reduced fees | |
| flexibility of service | |
| additional fees for nab & co | |
| knowledge of systems reduced | |
| independence issues nab & co | |
| existing internal audit department staff, cost of potential redundancies | |
| fees by nab & co may increase over time | |
| loss of in-house skills | |
| timing of work may not suit nab & co | |
| confidentiality issues | |
| control of department reduced | |
| max marks | 10 |