What is the diffrentm between internal & external audit?

Answer Posted / rahat awan

Internal audit covers all the operations of an organization
and risk associated with them, however External Audit
Financial Statements risk only.

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain the before an audit processes?

689


what is the difference you can make by doing your course in the country of your choice

1736


Explain how to do an internal audit effectively?

672


What is the mean of decommission liability?

690


Explain intangible assets?

760






How auditing is prepared?

1940


What is mean by error of submission? can u plz provide notes on this?

2002


What to do after the audit?

613


How can i disable closing stock in trial balnce in tally?

2241


Explain what are the different functions of internal audit?

670


please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U

1915


what is the difference you can make by doing your course in the country of your choice

1927


i have to finalize a mineral water co. for the year 2014-15 and i want to know that what will be rate of excise duty on sale of mineral water.

1344


A company charity (gross income

1789


What are the essential of internal audit?

712