Objectives of Internal Audit
Write down the main Objectives of Internal Audit?
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The reason of internal audit is to maintain appropriate control on business activities. When there is appropriate control there is maximum effectiveness. The internal auditor resolves the degrees of control over work. The reason of internal audit is to appraise the accounting system. It is concerned with checking appropriate authority for transactions such as retirement, purchase and disposal of fixed assets. The vouchers can be contrasted with entries in order to resolve that figures are facts.
The reason of internal audit is to aid the management. Internal auditor can identify the weakness. The internal audit can be employed as an instrument to correct the situation. The management functions can be performed appropriately. The reason of internal audit is to appraisal the working of business. The working of current tear can be reviewed in detail just to note the successful region of working. There is a need to place the drawbacks. The counteractive measures can be taken for appropriate working.
Write down the different merits and demerits of internal audit?
Write down the importance of internal audit to the organization?
A subgroup of the board of directors composed of directors who are independent of an organization and not employed by organization. The committee acts on behalf of the full board and all stockholders to check on management actions and it has responsibility for the soundness of the
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
Elucidate various Functions of Internal Audit?
Elucidate how to do an internal audit successful?
Write down the techniques which are used throughout an audit?
What are the difference between Business versus Govt. versus NGO revenue versus Professional revenue?
Case must be analyzed and reports run using ACL 9 desktop software (Education Edition). Screenprints of reports should be included and explained. All work must be cited.
i juz need answer of question 13 14 15 16... m uploading assignment having 16 questions i have done until 12... m gona upload solution as well
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