What are the importance of internal audit to the organization?
- 1 Answers
- 1270 Views
- I also Faced
- E-Mail Answers
Answer / Mohd Nazir Saifi
Advantages: Improved control environment, reduced risk, increased efficiency, improved compliance, enhanced reputation, and better decision-making.nDisadvantages: Potential disruption to operations, costs associated with conducting audits, possibility of negative findings that may damage morale or reputation.n
| Is This Answer Correct ? | 0 Yes | 0 No |
May deduct TDS Froma reseller ?
which of the following types of risks assumes an absence of compensating controls in the area being reviewed?
If any expenses accrued for the F.B.T paid quarter in the next relevant quarter, can we post the expenses in the next quarter?
Expand---------ESRD
Audit evidence obtained directly by the auditor will not be reliable if: A) the auditor lacks the qualifications to evaluate the evidence. B) it is provided by the client's attorney. C) the client denies its veracity. D) it is impossible for the auditor to obtain additional corroboratory evidence.
Whether interstate purchase of High speed diesel by mines at concessional rate is allowable ?
What is difference between individuals & company? When deducting tds for them how we can compare them?
under wchic head will Goodwill come
Define yourself
35 Answers Banking, College School Exams Tests, Eicher, INCDA, Infosys, Jet Airways, Lupin, Reliance, Safcon, TCS, Vertex, Volvo, Wipro,
WHAT IS AP/AR RECONCILIATION PROCESS? WHAT YOU DO IN AP/AR RECONCILIATION?
What is audit control procedure?
Expand---------BRP
Audit 
