Internal Audit

Internal audit is audit as per requirement conducted by persons appointed by the management. Please refer to the engagement letter, auditing standards and guidelines.

Originally posted by : Deepesh
	Internal audit is audit as per requirement conducted by persons appointed by the management. Please refer to the engagement letter, auditing standards and guidelines.

agreed               

Please provide me common aspects which are to be considered in any type of business.

work of one person is already cheked by another in the internal audit...cash book daily entry..stock register..petty cash..etc

Pls tell me that how to verify the correctness of expenses made by company paid to employee for tour advance .

How to verify whether tour is for personal reason or for companies work

can anyone please provide me engagement letter for internal audit of ingot unit