--%>
Assignment Help - homework help

Internal audit differ from an external audit

How does the internal audit vary from an external audit?

E

Expert

Verified

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.

   Related Questions in Auditing

  • Q : Provision for doubtful debts account

    Write all the Steps for making provision for doubtful debts account?

    		•
  • Q : Techniques of audit Write down the

    Write down the techniques which are used throughout an audit?

    		•
  • Q : Audit committee A subgroup of the board

      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

    		•
  • Q : Company name: EMPIRE OIL & GAS NL The

    The length of the writing / reportmust not exceed 1000 words. Words in Bibliography or Reference Lists section are not included in the word count. 3 marks will be given for the contents (sources and understanding of industry and able to link audit objectives with findings); 1 mark will be given ba

    		•
  • Q : What are Financial Audits Financial

    Financial Audits: It is a financial audit and is the critical analysis of the business's financial records and documentations. This can be completed at any level, from local to governmental. The financial profile or financial audit of the company will

    		•
  • Q : Auditing how long will it take and how

    how long will it take and how much will u charge

    		•
  • Q : Auditing around the computer Audit

      Audit procedures that ignore the actual computer processing part of business activities. A sample of input is tested and verified through standard audit technique, and the output is checked. Auditing around the computer assumes that if the output rights, then the processing is righ

    		•
  • Q : Functions of Internal Audit Elucidate

    Elucidate various Functions of Internal Audit?

    		•
  • Q : Flowchart find the flowchart to the

    find the flowchart to the bradmark sales order and cash

    		•
  • Q : Scope of internal audit How can scope

    How can scope of internal audit aid you?

    		•