Internal audit

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snkhandelwal (Querist)

22 May 2013 I wish to start Internal Audit of Manufacturing company please guide me Appointment letter, questioniers, & Internal Audit report format also nessesary precautions if any taken while auditing?

Ganeshbabu K

Ganeshbabu K (Expert)

25 May 2013 https://www.caclubindia.com/books/internal_audit/

https://www.caclubindia.com/share_files/audit-check-list-for-manufacturing-industry-7133.asp

https://www.caclubindia.com/articles/internal-audit-checklist-for-statutory-dues-and-credit-16990.asp
https://www.caclubindia.com/articles/concept-of-internal-audit-a-spoon-feeding-16144.asp
https://www.caclubindia.com/articles/standards-on-internal-audit-codifying-the-best-practices-16881.asp

Message likes : 1 times

Ganeshbabu K

Ganeshbabu K (Expert)

25 May 2013 Generally managenet provides scope of internal audit and some companies also provide check list

however we need to understand the business of client and frame audit check list to cover all points required..

understand the client process and catch loop holes in system control
https://www.caclubindia.com/articles/role-of-internal-audit-in-corporate-environment--16656.asp

Audit report<

should mention what is our observation
what is the impact of mistake done
and what is your recommendation on observation

Message likes : 1 times

snkhandelwal

snkhandelwal (Querist)

27 May 2013 thanks for guidence and education provided in simple way

snkhandelwal

snkhandelwal (Querist)

27 May 2013 your method is quiet good

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