Internal Audit vary From an External Audit
How Does an Internal Audit vary From an External Audit?
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Internal audit nothing save for the checking the product which you produced.
External audit is checking your product through your customer.
Here it means you might not find errors in your processes however a third man who comes and ensure the system he might see some variations in the system and give suggestions for the enhancements of the system.
In audit how to involve people?
Give a brief introduction of the term Internal Audit and also write down the Role of Internal Audit?
Internal Controls: Internal control includes the plan of organization and all of the coordinate techniques adopted within a business to defend its assets, ensure the accuracy and consistency of its accounting data, encourage operational efficiency, an
Elucidate various Functions of Internal Audit?
What is the liability of Internal Audit Charter?
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
1. A portfolio manager uses a T-bond futures contract to hedge a bond portfolio over the next 4 months. The portfolio is worth $75 million and will have duration of 5 years in four months. The futures price is 118 and each contract is for $200,000. There are three bon
Elucidate the difference between statutory audit and internal audit?
Write down the importance of measuring an internal audit department?
Write down the importance of Internal Audit?
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