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Define Internal audit responsibility

Answers were Sorted based on User's Feedback



Define Internal audit responsibility ..

Answer / rakesh

Throughout scrutiny of accounting entries in different
department before going for final audit

Is This Answer Correct ?    3 Yes 1 No

Define Internal audit responsibility ..

Answer / sande

Predominantly detect fraud and errors.-ensuring internal
control of the organization and advise management on the
risks that are likely to occur.

Is This Answer Correct ?    2 Yes 3 No

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More Audit Interview Questions

please send me .the all journal vochers with examples.

3 Answers   Armor24x7, Honda,


I am managing a partnership firm which has a turnover of 50 lakhs in its first year business i.e 2008-09 and in previous financial year 2009-10 it has only 27 lakhs turn over. Please let me know when we have to file our IT return. whether it is before 31st July 2010 or 30th September 2010.

2 Answers  


i want Gratuaty calculaton working

4 Answers  


what audit procedure i can do in the share capital account of a company and why it have been apply?

0 Answers   ICICI,


when is the closing stock shown in the trial balance?

14 Answers   Infosys,


Can an auditor undertake an audit of a Receipts and Payments Account?

1 Answers  


Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.

0 Answers  


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.

2 Answers  


under wchic head will Goodwill come

3 Answers  


what is the difference between capital and revenue expenditure

7 Answers  


Does anyone work for the CA state as an Auditor? I am a new college graduate and I need some tips on what questions I will be asked during the interview for the Auditor 1 position. Can anyone help?

2 Answers   CA,


what is cenvat credit&audit

2 Answers   Genpact,


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