Difference between social accounting and social audit?
what is the difference between statutory audit and non statutory audit.
an audit program may contain several audit plans
Distinguish between internal audit and internal control.
Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory
difference between audit program audit & note book
Difference between social accounting and social audit?
what is the difference between statutory audit and non statutory audit.
[object Object]
an audit program may contain several audit plans
There are many financial organisations where one could go for information about audit compliance. There is also the Compliance Audit Handbook produced by the DEC which gives useful information.
In a compliance audit, an organization's management asserts that the organization or individual is complying with specific laws and/or regulations.
Distinguish between internal audit and internal control.
public sector audit is different from private sector audit
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/
Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory
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.