how to start internal audit

It vary as per the nature of entity.Pls specify the nature of entity / Industry!!!

hi

hi .this is srinivas.i want intern audit questionaire for a manufacturing company.

Dear Pawan,iternal audit aims at checking the interal controls of the auditee in in its day to day functioning.The purpose of the audit may vary as per the management's requirements.Check whether the auditee provides any audit scope which will provide a good idea of how to plan your audit.

With Regards

S Ganesh Narayan

The role of an internal auditor is to carry out an independent appraisal of how a company works, their processes and the risk that may affect the business. Typically those carrying out the internal audit work across all business functions to gain a complete and comprehensive overview of the company.

The basic functions in an internal audit job can be broken down in the following ways:

Dealing with Risk

Reporting on the Operations of the Company

Uncovering Fraud and Malpractice

Identifying and Preventing the Worst Case Scenario

Creating and Ensuring Appropriate Controls are in Place

Making Recommendations for the Future