Integrated Audits Question: Download Integrated Audits PDF
List the advantages of Internal Audit?
Answer:
Advantages of Internal Audit are following:
★ It is in-expensive.
★ No charted accounted is required to audit internally.
★ Errors will be removed before preparing financial statements.
★ There will not be any type of embarrassment in the society because errors have been removed.
★ Accounting staff will remain in pressure so record will remain update every time in the organization.
★ It is in-expensive.
★ No charted accounted is required to audit internally.
★ Errors will be removed before preparing financial statements.
★ There will not be any type of embarrassment in the society because errors have been removed.
★ Accounting staff will remain in pressure so record will remain update every time in the organization.
Previous Question | Next Question |
Define that recording is an essential feature of internal audit? | List the disadvantages of Internal Audit? |