Auditor Internal Question: Download Questions PDF
Explain audit process?
![Internal Auditor Interview Answer Internal Auditor Interview Question](https://globalguideline.com/public/images/interview/12.png)
Answer:
The word 'Audit' is a derivative of the word 'Audition' which means 'to hear'. In earlier times, the Kings used to hear their accountants narrate the accounts verbally. However, as the complexity of the accounting function grew, need was felt to thoroughly check the accounts for mistakes misclassification and document the findings in a written form so that it can be used by the Management, stakeholders, investors, Government and various other bodies. This process is known as Auditing or Audit.
Download Internal Auditor Interview Questions And Answers
PDF
Previous Question | Next Question |
Explain statutory audit? | Explain audit control procedure? |