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What is the Difference between HR audit And Financial Audit?

Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.


What is difference product audit and process audit?

Process Audit :-Auditor will concentrate on process at each stage & its relevant parameter's process parameters like temperature, pressure, speed etc. Along with this he audits operator competency level , enviroment condition under which he operates the machine,5S,safety etc... Product Audit:-Auditor will concentrate only on output of the process & its relavant parameters.


What is audit procedures?

Audit procedure is the process followed while auditing an entity which may include:Confirm the audit assignmentComplete appropriate planningExecute actual internal audit workDevelop a report


What is an public debt audit and how supreme audit institutions audit the public debt?

A public debt audit is an evaluation process conducted to assess the accuracy, legitimacy, and management of a government's debt obligations. Supreme Audit Institutions (SAIs) perform these audits by examining the financial records, compliance with regulations, and the efficiency of debt management practices. They analyze debt accumulation, repayment mechanisms, and the impact of debt on national finances, ensuring transparency and accountability in public borrowing. This process helps to identify risks and improve financial governance.


3 general types of quality audits?

3rd Party Audit - Independent Audit 2nd Party Audit- Customer Audit 1st Party Audit- Internal Audit

Related Questions

What is the process of preparing an audit?

The process of preparation for audit depends on the kind of audit to be performed, it's objective and scope. The scope of the audit is key to the planning process. The planning required or statutory audit is different from internal audit; it also differs from forensic audit?


What is the difference between product audit and process audit in automotive industry?

Product audit are audit for product itself. Criteria product, how to know the product, what is special identification an so on. Process audit are audit to the process to produce the part from incoming material to part become finish goods...


What stages of the audit process come after the audit plan?

5


What stages of audit process come after the audit plan?

5


What stages of the audit process comes after the audit plan?

5


What is the Difference between HR audit And Financial Audit?

Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.


What do you mean by system audit?

System audit is a process of checking and illustrating a system.


What is audit plan?

Audit planning is a procedure which is used to see and prevent potential problems. This is done at the beginning of an audit process.


What is difference product audit and process audit?

Process Audit :-Auditor will concentrate on process at each stage & its relevant parameter's process parameters like temperature, pressure, speed etc. Along with this he audits operator competency level , enviroment condition under which he operates the machine,5S,safety etc... Product Audit:-Auditor will concentrate only on output of the process & its relavant parameters.


What stage of audit process comes before planning?

The stage of the audit process that comes before planning is the quality control for an audit of the financial statements. The financial statements are a document that shows credits and debits.


Where can you find a template letter to the IRS for tax audit reconsideration?

audit reconsideration process letter


What does the certification process creates?

audit trail