internal audit

hi ansul,

No statute madatorily requires the internal audit to be carried on but it recommends good internal control system to commensurate with the size and nature of the business.

and it is the duty of the auditor to comment on the internal control system in his report under CARO.

Interal audit is not  mandatory but it recommends good internal control system to commensurate with the size and nature of the business and  also it is the duty of the auditor to comment on the internal control system in his report under CARO.

hi, for Caro  it is required but one has to do it to analsis  system

Hi...can ny bdy tell me d procedure 2 do ledger Scrutiny...in audit