The internal audit differ from an external audit, Auditing

Describe How does the internal audit differ from an external audit?

Ans) Internal audit nothing but the checking the product that you formed.


External audit is checking your product by your customer.

Here it means you may not search mistakes in your processes but a third man who comes and check the system he might see some deviations in the system and give suggestions for the improvements of the system..

 

Posted Date: 4/1/2013 6:39:38 AM | Location : United States







Related Discussions:- The internal audit differ from an external audit, Assignment Help, Ask Question on The internal audit differ from an external audit, Get Answer, Expert's Help, The internal audit differ from an external audit Discussions

Write discussion on The internal audit differ from an external audit
Your posts are moderated
Related Questions
What is business risk and what controls should organizations have in place?  Business Risk and Controls Business or operational risks related to the activities carried out


Valuation and Petty-cash - Cash and Bank Balances Valuation Till recently, valuation of banks and cash balances was got for granted till several financial institutions st


Reliance on the Work of Other Auditors The principal auditor or the primary auditor is solely responsible for the holding company's accounts. So here it is inevitable but that

Counter - Indications That the auditor has found indications of going related to non-applicability does not of itself justify instantly conclusion that the entity is not a goi



project report on absorption of overhead and its different method

1. Why is studying Auditing different from studying other accounting topics? 2. How might understanding auditing concepts prove useful for consultants, business managers, and other