Auditor Internal Question:

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Described the importance of internal audit to the organization?

Internal Auditor Interview Question
Internal Auditor Interview Question

Answer:

An audit helps keep track of where the money is going and makes sure the money is going where it is supposed to and not in someone's pocket. An audit can also help a company know if it is losing or Making money online.

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Please explain difference between internal audit and statutory audit?Does the internal audit differ from an external audit?