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Internal Audit

Learning » Internal Audit

Sep 26 2022

Top Benefits of HR Audit for Companies

Companies constantly try to keep up with the dynamic business environment by transforming the business model, re looking the customer services, and even re...

Aug 09 2022

Detailed Overview of HR Audit Process for a Business...

Human Resource Department is the backbone of every organisation as it is tasked with managing one of the company's most valuable assets, i.e., employees. E...

May 21 2022

What Are The Basic Principles Of Auditing?

According to Accounting Standards 200 (SA 200), basic principles of auditing or the basic principles governing an audit describe the basic principles which...

May 17 2022

10 Differences between Audit Report and Audit Certifica...

Both the terms Audit Report and Audit Certificate have been used a lot in common parlance and often used interchangeable. However, there exists a lot of di...

Apr 12 2022

Difference between Internal Audit and Statutory Audit:...

Introduction   Confusion always looms over the difference between internal audit and statutory audit in terms of the appointment of auditors, the...

Apr 12 2022

Objectives of Internal Audit: A general overview

Introduction   All the organizations want safety of their organizations for which they appoint an internal audit team as an integral part of thei...

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Apr 04 2022

What is the Difference between Internal and External Au...

What comes to your mind when we talk about audit. Some may think of it as a painful and gruelling session to uncover mismanagement. But that can be mislead...

Mar 10 2022

An overview of Audit Planning

While planning for an audit, it requires establishing an overall audit strategy for engaging and developing an audit plan. The auditor’s role is to devis...

Aug 10 2021

An Internal Audit– Companies Act 2013 along with requ...

The Companies Act, 2013 under Section 138, states that a class or classes of companies as prescribed would be required to appoint an internal auditor who w...

Forensic Accounting and Investigation Standards (FAIS)...

DAAB (Digital Accounting and Assurance Board) constituted by ICAI to find a solution of all the issues arising regarding the valuation and internal audit i...

A Brief on Forensic Accounting and Investigation Standa...

With the lack of a standardized process for forensic accounting and investigation, the Institute of Chartered Accountants of India[1] is developing the fir...

Jan 14 2020

Fraud Risk Assessment: A need for today’s organizatio...

A fraud risk assessment is used by management to identify and understand risks in its business. It also checks and controls the weaknesses that can cause a...

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