Dear Friends,
I would like to answer the question as below:
Inspection is an observation.
Inspection is to examine closely any equipment or facility. It may be formal(with a plan and a check-list) or informal.Examples: 1. Inspection of a Fire Tender with a checklist for its operability, worthiness of its fire water pump , fire monitor etc.2. Inspection of the tank shell for finding any deformity, thinning etc.
Audit is a process of evaluation and to measure performances that is based on Standards & Guidelines, identifies the compliance & non-compliance based on Standards and is neutral.
There are three types of audit namely:
1) Legal Compliance Audit
2) Internal Standards Audit
3) System Audit
Audit is the verification of a Process, a System or a Procedure.
Examples:1. Audit of Firewater pump house.
2. Audit of a Process Plant
3. Audit of Quality Control Laboratory.
Here the systems and processes are verified with respect to a documented procedure. Thus the audit of a quality control laboratory will involve the verification of the existence of the quality control procedure, sampling procedure, reporting procedure etc.
Learn more about the difference between a home inspection and energy audit by visiting: http://jimbushart.wordpress.com/2012/06/14/difference-between-the-home-inspection-and-the-energy-audit/
The difference between accounting and auditing?"
difference between inspection and quality control?
public sector audit is different from private sector audit
One difference is that "inspection" implies carefully looking at some thing or situation with a particular purpose. On the other hand, "supervision" implies overseeing a process to ensure completion or effectiveness.
There are slight differences between the terms inspection and observation. Inspection is when a person takes a very close look at the details of something or someone. An observation is an opinion that is done from a distance.
An error represents an unintentional misstatement of the financial statement. it may be material or immaterial. fraud represents an intentional misstatement of the financial statement which can be material or immaterial.
harnessing energy,improving industry,air pollution,changing values,modestication of nature
In may cases there is no difference between a Safety Audit and a Safety Inspection. Where there is one, it is because a particular company has specified that.
periodic means on a regular basis. The inspection is done for example every two weeks while a scheduled inspection is done just once and only when you ask for it
operational audit means auditing how the operations of a work are going right or not but performance audit means auditing how the performance of a particular work is going right or not
Measurement is the quantity at which any material can be measured or can know its value. Inspection is the process by which one checks the content whether it is ok or not ok
because it helps one to learn the basic things relating to networking, auditing, inspection,coverage.