Internal audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 August 2016
What are the items we normally check in internal audit and how.
19 August 2016
First you should determine
(1) What is the scope of the internal audit?
(2) What areas are you auditing - AR, AP, Stock, Bank etc
(3) What is the sample size you want to audit etc....
Only then you can arrive at an audit plan which should give you sufficient assurance on the internal control system of the entity being audited.
(1) What is the scope of the internal audit?
(2) What areas are you auditing - AR, AP, Stock, Bank etc
(3) What is the sample size you want to audit etc....
Only then you can arrive at an audit plan which should give you sufficient assurance on the internal control system of the entity being audited.
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