Auditing

INTERNAL AUDIT – Scope (or) Functions of Internal Auditor, Advantages of Internal Audit, Disadvantages of Internal Audit

Scope (or) Functions of Internal Auditor 1. Evaluating of Accounting and Administrative Control: Internal auditing ensures effective and efficient system of accounting control, standard costing, budgetary control and all other administrative controls. 2. Protection of Assets: Internal auditing besides ensuring proper accounting and custody of companies asset’s it is concerned with the protection of the […]