R1 RCM Internal Auditor Interview Questions and Answers

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.

• Internal auditing involves evaluating and improving the effectiveness of risk management, control, and governance processes within an organization.

• Internal auditors provide recommendations for enhancing internal controls and operational efficiencies.

• They help organizations achi...read more

GAAP are a set of accounting standards and guidelines used in the US to ensure consistency and transparency in financial reporting.

• GAAP are a set of rules and guidelines for accounting in the US

• They ensure consistency and transparency in financial reporting

• GAAP principles cover topics such as revenue recognition, balance sheet classification, and financial statement presentation

• Examples of GAAP principles include the m...read more