An audit is a systematic review of financial records, compliance with laws, or operational processes, often conducted to ensure accuracy and accountability. In contrast, an evaluation assesses the effectiveness, efficiency, and impact of a program or project, focusing on outcomes and performance rather than compliance. While audits emphasize adherence to standards and regulations, evaluations aim to provide insights for decision-making and improvement. Both processes serve distinct purposes in organizational oversight and development.
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
assessment is an informal form of defining gaps in system whereas audit is a formal form.
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
What is the difference between formative and summative evaluation?
Distinguish between internal audit and internal control.
public sector audit is different from private sector 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.
Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.