An internal auditor is a company employee who independently and objectively evaluates the organization’s operations. The role of an internal auditor is to gather relevant and objective information about the organization. An internal auditor essentially serves as the eyes and ears of the company’s senior leadership and board of directors. Their assigned work may cover any area of an organization; however, their work should be directed by the audit committee. Internal audits have historically been aligned with accounting and financial reporting audits. However, there are other types of audits example, IT auditss, Operation audits and Performance audits.
commerce relates to the trade activities, exchange of commodities etc while finance deals with budgeting, accounting,bookkeeping etc finance is a subject in commerce. commerce is business,marketing,accounting,controlling these activities while finance is focussed function related to inflows n outflows
Finance and accounting determine financial viability within a health care organization because they are both linked to business finance. It relates because health care organizations need financing to help keep their doors open and the patients taken care of.
CIT can possibly stand for either corporate income tax or capital investment team as it relates to the finance market.
The word rudimentory might not exist but rudimentary finance relates to an underdeveloped economy with low output and continuous decline. An economy or financial system with lack of financial instruments/power and unable to stimulate its economy and unable to save to allocate capital to investment.
Business module - can be related to theories in Business. They are set guidelines for you to understand a business scenario you are in. Depending on the situation, certain modules can be stated as tactics that are used in the Business world to overcome certain challenges a company faces.Company structure - are forms of how a company is assembled internally. This usually relates to as the operations of how a company runs. Depending on company size and targeted markets, the structure of a company will change accordingly to fit the needs of the company's maximum operations.
Economic context relates to economy, business, trade, or finance.
The auditor is the person who assesses whether the financial statement has been prepared accordingly or not. Firstly it is not the role of the auditor to prepare the financial statement as the auditor has to form an independent opinion. Secondly, it would be part of internal control and corporate governance activities for the preparation of the financial statement and the audit to be conducted be two separate parties to eliminate error or fraud.
commerce relates to the trade activities, exchange of commodities etc while finance deals with budgeting, accounting,bookkeeping etc finance is a subject in commerce. commerce is business,marketing,accounting,controlling these activities while finance is focussed function related to inflows n outflows
A structured product is also know as a market linked investment, is generally a pre-package investment strategy based on derivatives such as a single security, as it relates to finance.
Finance and accounting determine financial viability within a health care organization because they are both linked to business finance. It relates because health care organizations need financing to help keep their doors open and the patients taken care of.
E-marketing relates to E-business as it deals with how a product is advertised or sold online. It relates to E-business as it is related to the online business.
internal Monologue
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It entails statistics about the stock market depending on the day at the top of the page. Exchange rates are also displayed. News that relates to finance is detailed.
Selection of appropriate labor relates to the type of labor that will be vital for use in a business.