rajni
04-12-07, 04:44 AM
Types of audit
Internal audit
External audit
Main objective of internal auditing: Determine size and scope of internal control system
Benefits of effective internal audit function: Identification weaknesses and areas for improvement
OECD principles of corporate governance:
Ensuring the basis for an effective corporate governance
Role of shareholders in corporate governance
Effective internal audit systems have:
Internal auditors reporting directly to organisation’s BOD / audit committee
Internal audit
External audit
Main objective of internal auditing: Determine size and scope of internal control system
Benefits of effective internal audit function: Identification weaknesses and areas for improvement
OECD principles of corporate governance:
Ensuring the basis for an effective corporate governance
Role of shareholders in corporate governance
Effective internal audit systems have:
Internal auditors reporting directly to organisation’s BOD / audit committee