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Distinguish between internal audit and internal control.
Internal audit reveals to management whether internal control procedures are duly followed or not.
An internal audit is conducted by an unbiased party within the company. An interim audit (which is an audit conducted before the end of the fiscal year) can be conducted by someone outside the company.
Internal audit is conducted by people from within the company. This is also known as first party audit. External audit is conducted by an independent party. Second or third party audits are external audits.
the audit committee communicate with internal audit, external audit and CFO on behalf of the company.
components of marketing audit
whaat are the marketing activities a marketing audit would concentrate on?
Distinguish between internal audit and internal control.
Internal marketing is a practiae of informing employees of marketing activities and promoting it internally within the company. Yes, it is definately important for services for marketing because it is a kind of sales promotion and advertising technique.
What are the major approaches to marketing audit services and obtaining new clients? What are the major approaches to marketing audit services and obtaining new clients? what are the major approaches to marketing audit
internal audit evidence is all the information the auditor relies on to arrive at any conclusion.
Internal audit reveals to management whether internal control procedures are duly followed or not.
comprechensive
An internal audit is conducted by an unbiased party within the company. An interim audit (which is an audit conducted before the end of the fiscal year) can be conducted by someone outside the company.
Yes pre audit is the responsibility of internal audit department as external auditors are only auditing the activities after end of fiscal year when everything is complete.
Internal audit is conducted by people from within the company. This is also known as first party audit. External audit is conducted by an independent party. Second or third party audits are external audits.
Internal audit is the name of department who performs the audit while interim audit is the audit which other than statutary audit and it is perform during the fiscal year and it is performed to help the final audit procedures which is done after the completion of fiscal year.