Importance of internal audit to the organization
Write down the importance of internal audit to the organization?
Expert
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.
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
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.
Audit Controls: The common definition of an audit is a valuation of a person, association, system, procedure, enterprise, product or project. The word most generally refers to audits in accounting, internal auditing, and government auditing, however a
Define Revenue in terms of Accountancy in brief?
What to do after the audit?
Elucidate how to do an internal audit successful?
Write down the main Objectives of Internal Audit?
Write down the different merits and demerits of internal 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
Tell me that how we can calculate the internal control audit?
18,76,764
1950955 Asked
3,689
Active Tutors
1418697
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!