Importance of internal audit to the organization
Write down the importance of internal audit to the organization?
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An audit aids keep track of where the money is going and ensures the money is going where it is supposed to and not in someone's pocket. An audit can also aid a company know if it is making or losing more money.
Write down the importance of measuring an internal audit department?
Elucidate the differentiation between External Audit and Internal Audit?
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
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
In audit how to involve people?
Elucidate the difference between statutory audit and internal audit?
Briefly explain the term vouching ?
Auditing: Auditing is the systematic procedure of objectively obtaining and estimating evidence regarding assertions concerning economic actions and actions to ascertain the degree of correspondence among those assertions and established criteria and
From the case description and the associated flowcharts, assess Bradmark’s internal controls over its expenditure cycle procedures.
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