internal audit

8
Submitted By Guided By Somase Vijay Dilip Prof Kopate Mam INTERNAL AUDIT

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Page 1: Internal audit

Submitted By Guided By

Somase Vijay Dilip Prof Kopate Mam

INTERNAL AUDIT

Page 2: Internal audit

AUDIT

Page 3: Internal audit

Nature Of Internal Audit

Part of Internal control

Not compulsory

Activates

Continuous audit

Internal check

Page 4: Internal audit

Types Of Audit

Internal Audit External Audit

Page 5: Internal audit

Advantages Of Audit

Proof in courtHelpful in assessment of wealth taxActual position of businessFrauds and errors Valuation of businessHelpful in assessment of taxHelpful for dividend and bonus planAvailability of valuable suggestions

Page 6: Internal audit

Types Of Internal Audit

finance audit

Management audit

Compliance audit

Systems audit

Investigation audit

Information systems audit

Page 7: Internal audit

Purpose of internal audit

Physical examination and verification

Review of accounting

Examination of management

Examination of the economy

Page 8: Internal audit

Thank you