Answer Posted / anshul gupta
internal audit is an independent appraisal activity within
an organisation for the review of accountany,financial and
other operations as a basis for service to the management.
It is a managerial control which functions by evaluating
and measuring the efficiency and effectiveness of other
controls.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What Is Social Audit?
What do you mean by vouching?
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.
What is mean by error of submission? can u plz provide notes on this?
Why do you want to work in audit?
What sort of image do you have?
What is audit control procedure?
Explain the difference between internal audit and external audit?
promotions of a new apointed auditor in cgda.
What should the internal auditor?
What are the different types of audits?
who is the auditor and his deautis
Explain the different advantages and disadvantages of internal audit?
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?