answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What are the advantage and disadvantage of internal control in auditing?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What has the author James Roth written?

James Roth has written: 'Four approaches to enterprise risk management' -- subject(s): Auditing, Internal, Internal Auditing, Risk management, United States 'Adding value' -- subject(s): Accounting, Auditing, Internal, Internal Auditing, Value added 'Control model implementation' -- subject(s): Auditing, Internal, Case studies, Internal Auditing


What are the advantage and disadvantage of exchange control?

hi


What are the advantage and disadvantage of using a heavy bat?

Advantage is that you can hit a ball further while the disadvantage is that it is harder to control or change the swing


What has the author Dallas R Blevins written?

Dallas R. Blevins has written: 'Internal control' -- subject(s): Internal Auditing


Advantage and disadvantage of material management?

One advantage of material management is the ability to control pollution. A disadvantage to material management is the fact that it can be a complex area of business.


Advantage and disadvantage of a joystick?

disadvantage: some are more complex than others because of the buttons. advantage: it has a big analogue stick in the middle so its easier to control.


What are the different types of control?

1,internal control i,ewhen looking at the managing systems in the business and auditing 2,birth control i.emethods of preventing to conceive or bearing


What is the importance internal auditor for an organization?

We can understand the importance of an internal auditor by understanding internal auditing. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.


What are internal controls used for?

Internal control is an accounting or auditing term. It plays a very large role in preventing and detecting fraud for companies, as well as directing and monitoring company resources.


What is the Advantage and disadvantage of feedforward control?

One major advantage of feedforward controls is that it prevents large disturbances in your output. A disadvantage is that it may not account for all potential disturbances in the input, leading to large disturbances in the output.


Advantages and limitations of budgetary control?

One advantage of budgetary control is the fact that managers can control spending. A disadvantage to budgetary controls is that it may limit innovation.


What is the advantage and disadvantage of using thermostat in an iron?

The advantage of using the thermostat is so you don't burn or scorch your clothes when you are using it. An iron can become very hot quickly.