Question 1

Discuss, in brief, the advantages and limitations of auditing

Question 2

Explain the key objectives of a good internal audit system. Write down the essentials for effective internal auditing

Question 3

List the required qualifications of an internal auditor. Describe the role of internal auditor in the company's management

Question 4

Explain the basic principles of governing internal control

Question 5

Discuss the specific problems of Electronic Data Processing (EDP) relating to internal control

Question 6

Explain the factors for having the effective internal control system for a bank