Internal control is one of the base tools of management it can be compared of nervous systems which control the various function of a human body .it assists the management performance of its various functions. Internal controls are exercised to ensure accuracy of records, to determine weaker areas of operations to improve them to safeguard [...]
Archive for the ‘Auditing’ Category
23 Oct
Internal Audit
Internal audit is a tools of management performed by the employee of the organizations to ensure the correctness of the accounting data and to prevent and detect the errors and frauds by the way of periodical reviews in the organizational systems procedure . Importance of internal audit Specialized service solutions of unhealthy situation internal consultant [...]
22 Oct
INTERNAL CHECK
Internal check is an organization of the system of account under which the work of one person is automatically checked by another, with a view to prevent and detect the errors and frauds. Under such a system, it is not possible to commit errors & frauds without the collusion between to or more people. OBJECTIVE [...]
