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Define Internal audit responsibility
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Answer / rakesh
Throughout scrutiny of accounting entries in different
department before going for final audit
| Is This Answer Correct ? | 3 Yes | 1 No |
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 |
What all things are to be done in the internal audit of a company.And is internal audit cumpulsory for all companies??
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if accountant miss the journal entry of outstanding expenses. since its is a error of omission it cannot affect the Trial Balance how we auditor find it out.
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whatis auditng
Audit 
