Internal audit differ from an external audit
How does the internal audit vary from an external audit?
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Internal audit nothing however the checking the product that you manufactured.
External audit is checking your product by customer.
Here it means you might not find errors in your procedures however a third man who comes and check the system he might see some variations in the system and provide suggestions for the improvements of the system.
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Audit procedures that ignore the actual computer processing part of business activities. A sample of input is tested and verified through standard audit technique, and the output is checked. Auditing around the computer assumes that if the output rights, then the processing is righ
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How Does an Internal Audit vary From an External Audit?
A term usually referring to a financial audit is a set of procedures performed by accountants from a certified public accountant (CPA) firm. The procedures are designed to investigate and verify the accounting information that manage- ment puts in financial report. When the audit i
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