What are the advantages and disadvantages of Outsourcing The Internal Audit Department of a Company. Give some KPA/KPI to measure the performance of the outsourced provider.

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There are advantages and disadvantages of outsourcing your company’s internal audit function. Also,do you know how to measure the performance of the outsourced provider? I have tabulated below the advantages and disadvantages and some measurements to assess the performance of the outsourced provider.

ADVANTAGES:

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