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What kind of work is involved in an internal audit?

An internal audit is a thorough check of all of the figures involves in a number of transactions by someone who was not involved. Those who are involved also need to justify what they did and why.


What is the Audit Work Program?

The Audit Work Program is used to inform both the government and the public about audits. In Australia, for example, they have the Australian National Audit Office.


Do I need to hire a lawyer if I get audited by the IRS?

There is no way to tell how much you will owe after an audit. Hiring an experienced tax audit lawyer can work through problems that may arise after the audit.


What are the advantages of audit planning?

By planning the audit, u make a blue print of your desired action. You will be able to complete your work in time. Allocation of work will be better and reporting too. You yourself will be happy and your client too.


Why do you choose Internal audit job?

For the following 3 reasons, I would like to work as an internal auditor: 1. I have 3 years audit experience in KPMG. It would be very helpful to build up my career in an internal audit department of an organization; 2. It seems to me that I am awarded when the management changes or places control systems on the basis of my recommendation of findings; 3. The privileged insight we have into all company's dealings, functions, teams, systems and processes. Internal Audit is like a window to the entire organisation and provides us with a unique opportunity to understand and work collaboratively with the business. Also, the multitude of people we interact with and the diversity of project we are involved in.

Related Questions

What kind of work is involved in an internal audit?

An internal audit is a thorough check of all of the figures involves in a number of transactions by someone who was not involved. Those who are involved also need to justify what they did and why.


What is the difference between an operational audit and a performance audit for an internal audit department?

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


What is the Audit Work Program?

The Audit Work Program is used to inform both the government and the public about audits. In Australia, for example, they have the Australian National Audit Office.


What is the process involved in a computer audit?

In order to find out about the process involved in a computer audit one can go to the relevant website and get information. Also one can get more information from the library books about this issue. Alternatively one can consult an expert in this subject to get detailed information in this field.


What is the work of internal audit?

dnno


What is audit note book?

an audit notebook is one in which the auditor makes notes of all important items that he comes across in cource of his audit work.


What is involved in a telecommunications audit?

A telecommunications audit deals with examination and reconciliation of both wireless and network customers records. This is done to ensure budgetary forecasting accuracy.


Audit program for creditors?

Step involved to determine the compliance to procedures and internal controls


Sample of Work experience certificate as audit manager?

no


Do I need to hire a lawyer if I get audited by the IRS?

There is no way to tell how much you will owe after an audit. Hiring an experienced tax audit lawyer can work through problems that may arise after the audit.


In a hotel room charge and tax are posted by who?

I actually do hotel audit and front desk work. The computer autoposts during audit.


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.