Interview Questions Answers.ORG
Interviewer And Interviewee Guide
Interviews
Quizzes
Home
Quizzes
Interviews Business and Economics Interviews:Account Manager AssistantAccountantAccounting ClerkAccounts ExecutiveAccounts OfficerAccounts Receivable (AR)AI AlgorithmsBPELBudgetingBusiness Development AssociateBusiness Development OfficerBusiness Development ResearcherBusiness Executive DevelopmentBusiness RatiosBusiness StrategyCA (Chartered Accountants)Change managementChief executive officer (CEO)Company Affairs (CS)Competitive StrategyCooperation SkillsCorporate StrategyCSCustomer ExperienceCustomer ServiceDeposit AccountEcommerce Customer Support ExecutiveEcommerce ManagerEconomicsExecutive International BusinessFinancialFixed AssetsGeneral AccountingGeneral LedgerGood SupervisorHospitality AccountingICWAImport Export SpecialistInsuranceIntegrated AuditsInventory AccountingInventory planning and controlManager Business UnitMerchandiserMergers & AcquisitionsNonprofit AccountingOrganizational IssuesOrganizational SkillsPayables ManagementPayroll ManagementPersonal AccountsPersonal Business AdviserPetty CashPrivate EquityProbation OfficerPublic relationsPurchase ExecutivePurchase PlannerPurchasing ManagerPurchasing OfficerQuality AuditsQuality MeasuresResearcher TraineeResponsibilityRetailRetaining Good EmployeesSecretary Accounts OfficerSenior Tax OfficerStrategy MethodsSuccessful StrategySweep AccountsTAX AccountantTaxationTransactional AccountsUser AccountWork Pressure
Copyright © 2018. All Rights Reserved
Integrated Audits Interview Question:
Explain different advantages and disadvantages of internal audit?
Submitted by: AdministratorAdvantages 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.
Disadvantages are following:
Internal audit is not acceptable by the shareholder.
There can be errors in internal audit because he is not an auditor.
And there are some more.
Submitted by: Administrator
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.
Disadvantages are following:
Internal audit is not acceptable by the shareholder.
There can be errors in internal audit because he is not an auditor.
And there are some more.
Submitted by: Administrator
Copyright 2007-2025 by Interview Questions Answers .ORG All Rights Reserved.
https://InterviewQuestionsAnswers.ORG.

https://InterviewQuestionsAnswers.ORG.
