CA Final Download the best Free CA FINAL android app for cracking your exam! Download Now

Role of Internal audit

Role of Internal audit

Internal audit is the process of examining, evaluating and monitoring internal control policies and procedures. Internal auditors provide assurance to management regarding the effectiveness of a company’s risk management and internal control systems.

Generally, companies are not required to carry internal audit arrangements; however, it is a part of good corporate governance to establish a separate internal audit department or simply outsource this function if more appropriate. Consequently, internal audit is typically a feature of large corporations.

Main responsibilities of internal auditors include the providing of assurance regarding the following:

  • Internal controls are effective;
  • Financial and key managerial information in the reports is fair and reliable;
  • Systems are running effectively;

Role of Internal audit

At CAKART www.cakart.in you will get everything that you need to be successful in your CA CS CMA exam – India’s best faculty video classes (online or in pen drive) most popular books of best authors (ebooks hard copies) best scanners and all exam related information and notifications.Visit www.cakart.in and chat with our counsellors any time. We are happy to help you make successful in your exams.

 .

www.cakart.in.

Click Here to download FREE CA CS CMA Text Books.

Leave a comment

Your email address will not be published. Required fields are marked *