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.
Marketing audit for goods and service industry: This basic concept of marketing audit applies to both material goods and service industry. The marketing audit is a powerful tool with banking industry throughout world. Banking world to
How Does an Internal Audit vary From an External Audit?
Marketing audit for banking industry will be developed based upon following features: A) It will help and support the top management in identification and management of risks. B) It will help in evaluating th
Audit Management: It is a systematic assessment of processes and policies of an organization's management in the administration and the utilization of resources, tactical & strategic planning, and employee and organizational enhancement.
Elucidate how to do an internal audit successful?
From the case description and the associated flowcharts, assess Bradmark’s internal controls over its expenditure cycle procedures.
how long will it take and how much will u charge
Write down the different merits and demerits of internal audit?
Operational Audits: It is a review of how an organization's management and its operating events are functioning with respect to their efficacy and efficiency in meeting stated objectives. For illustration, a business might execute an operational 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
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