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Its a procedu used by an aditor to control the finacially activeties of the company

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13y ago

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What is the difference between audit and control?

An audit is performed by an outside party; a control is exercised by an internal party. A control provides assurance to management, while an audit provides assurance to outside investors.


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Internal audit reveals to management whether internal control procedures are duly followed or not.


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What is the procedure of the checking the quality of the work in audit organization?

There is no single audit is performing in the company.Like there are many audits are conducted like, Quality control,Finance,Marketing,Production etc So the quality of the AUDIT can be judged through the Results it produced after the audit,and the quality of the Company who is conducting that audit. Through this you can check this out.