Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.
Purpose of investigation audit is to find out the evidance of the specific agenda for which investigative audit is conducted while conventional audit objective is to find out that financial statements represents the true and nature of business or not.
difference between audit program audit & note book
The main difference in a continuous audit and a periodical audit is the amount of time an audit is done. A continuous audit is done many times throughout the year and a periodical is performed once a year. A continuous audit is also expensive because of the amount of time spent doing it.
How would you save against disadvantages of continuous Audit Compare between Continuous Audit and Periodical Audit?
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.
between financial audit and cost audit
Cost audit is done to audit the cost elements of unit costs while in financial audit, audit of financial statements is done to find out information provided is true and fair or not.
Purpose of investigation audit is to find out the evidance of the specific agenda for which investigative audit is conducted while conventional audit objective is to find out that financial statements represents the true and nature of business or not.
difference between audit program audit & note book
an audit program may contain several audit plans
Difference between social accounting and social audit?
[object Object]
public sector audit is different from private sector audit
what is the difference between statutory audit and non statutory audit.
Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory
The main difference in a continuous audit and a periodical audit is the amount of time an audit is done. A continuous audit is done many times throughout the year and a periodical is performed once a year. A continuous audit is also expensive because of the amount of time spent doing it.
Distinguish between internal audit and internal control.