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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.
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Differences between audit plan and audit program?
difference between audit program audit & note book
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.
Difference between continuous Audit and Periodical Audit?
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.
What is the difference between investigation audit and conventional audit in financial statement audit?
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.
How would you save against disadvantages of continuous Audit Compare between Continuous Audit and Periodical Audit?
How would you save against disadvantages of continuous Audit Compare between Continuous Audit and Periodical Audit?
Difference between internal audit and internal control systems?
Distinguish between internal audit and internal control.
Differences between audit plan and audit program?
difference between audit program audit & note book
What is the difference between Financial Audit and Cost Audit Describe each of them?
between financial audit and cost audit
Difference between social accounting and social audit?
Difference between social accounting and social audit?
What is the difference between statutory and non statutory audits?
what is the difference between statutory audit and non statutory audit.
What is difference between informal audit and formal audit?
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Difference between audit plan and audit program?
an audit program may contain several audit plans
What is the main difference between public sector audit and private sector audit?
public sector audit is different from private sector audit
What is the difference between cost audit and management audit?
Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory
What is the difference between Audit and Monitoring and Evaluation?
what is difference between auditing, monitoring, controlling and evaluation
What is the difference between a safety audit and a safety insepction?
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.
What is the difference between access control list and access control entry?
Access Control list is the audit settings and security settings of objects. whereas Access Control Entry is the entry within the ACL. mightymax
