Hi Friends,
When does Internal Audit become compulsory and how does one proceed for the same as an internal auditor? Please forward the reply for the same as I have to perform an Internal audit.
Hi Friends,
When does Internal Audit become compulsory and how does one proceed for the same as an internal auditor? Please forward the reply for the same as I have to perform an Internal audit.
whether internal Audit is compulsory or not is decided on the basis of the turnover of the company as specified in CARO 2003 .You have mentioned that you are going to conduct an internal audit,in order to suggest you how to proceed about it , you should specify ,whose internal audit are you going to conduct.
Regards,
Abhishek
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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Aggarwal Sarawagi and Co
New Delhi
CA
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Karia Overseas
Ahmedabad
CA
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CAclubindia
