--%>
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 : Introduction of the term Internal Audit

    Give a brief introduction of the term Internal Audit and also write down the Role of Internal Audit?

    		•
  • Q : Auditing i juz need answer of question

    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

    		•
  • 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 : Business-Government-NGO-Professional

    What are the difference between Business versus Govt. versus NGO revenue versus Professional revenue?

    		•
  • Q : What are Operational Audits Operational

    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

    		•
  • Q : What is an Auditing Auditing : Auditing

    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

    		•
  • Q : How to do an internal audit successful

    Elucidate how to do an internal audit successful?

    		•
  • Q : Liability of Internal Audit Charter

    What is the liability of Internal Audit Charter?

    		•
  • Q : Difference between statutory audit and

    Elucidate the difference between statutory audit and internal audit?

    		•
  • Q : Audit A term usually referring to a

      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

    		•