2.Write the key objectives of a good internal audit system. Narrate the points of dissimilarities between external audit and internal audit. A Key objectives of a good internal audit system Dissimilarities between external audit and internal audit.
3.Give the role of internal auditor in the Company’s Management. List down the duties of auditor Under Section 581ZG.
A
Role of internal auditor in the company’s management
Duties of auditor u/s 581ZG
4.The effectiveness of the internal control system can be ensured if the important aspects of the company’s operations are kept in mind.
Explain the characteristics of an effective internal control system. Write the elements of internal control.
A
Characteristics of an effective internal control system
Elements of internal control
5.Describe general EDP controls. Explain the appraisal of accounting system and related internal control.
A
General EDP controls
Appraisal of accounting system and related internal control.
