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Was there an external audit done on Amazoncom?
Yes, the last audit was done on February 11, 2008 by Ernest & Young, LLP
Difference between internal and external audit?
An internal audit is done by the company itself. An external audit is done by auditors not under the influence of the company being audited.
What is independent auditing?
It refers to the auditor having independence from the people that have a financial interest in the audit. It ensures the audit is not done with bias.
What is the difference between external and internal audits?
An internal audit is conducted by the organization itself or a firm hired by them; it is a self examination. An external audit is done by an outside agency that reports to the firm's stockholders, or to another party, such as a business, a bank, or the IRS.An external audit is usually from an outside auditing company like Deloitte & Touche, Ernst & Young, etc. These companies will visit the client company for a designated period to review the books. An internal audit is usually done by employees within a company. This is to maintain controls and prevent any mistakes.An internal audit is done by the company itself. An external audit is done by auditors not under the influence of the company being audited.
What is the Difference between HR audit And Financial Audit?
Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.
Difference between cost audit and financial audit?
Cost audit is done to audit the cost elements of unit costs while in financial audit, audit of financial statements is done to find out information provided is true and fair or not.
When is audit programme compiled?
before the start of audit
How do you prepare an audit plan?
audit plan is the most important part of audit. the auditor should arrange the activity done in audit.
Difference between continuous Audit and Periodical Audit?
The main difference in a continuous audit and a periodical audit is the amount of time an audit is done. A continuous audit is done many times throughout the year and a periodical is performed once a year. A continuous audit is also expensive because of the amount of time spent doing it.
What is audit plan?
Audit planning is a procedure which is used to see and prevent potential problems. This is done at the beginning of an audit process.
Is statutory audit is done for proprietorship?
not
What is the audit?
A diagnostic audit is typically an audit done on certain medical examinations. For example, mammograms are diagnostic, therefore a diagnostic audit would include mammograms.
