After the team member who specialized in fraud investigations left the internal audit team, the...

Outsourcing fraud investigations to a third-party service provider can result in a lack of familiarity with the organization’s specific operations, culture, and history. This can be a disadvantage as external investigators may require more time to understand the context and nuances of the organization, potentially affecting the efficiency and effectiveness of the investigation. References: = IIA Standard 1210 - Proficiency and IIA Practice Guide: “Internal Audit and Fraud”.