Auditing

INTERNAL CONTROL – Auditor’s Duty in Evaluating the System of Internal Control, Differences between Internal Check and Internal Control

Auditor’s Duty in Evaluating the System of Internal Control 1. Understand the System: The auditor should understand the control system by discussing with personnel at various levels in the organisation. He should also refer to organisation charts and manuals for this purpose. 2. Determining the Reliability: The management installs and maintains an adequate internal control […]