What is Management Audit? Management audit is audit of the management. It is similar to operational audit in several aspects. However, management audit concentrates more on the inefficiencies
Hotel audit In hotel business, usually the internal control procedure tends to be weak and ineffective. Therefore, the auditor should carefully evaluate the effectiveness of internal control system
Receipts to verify in Cinema Audit The following are the receipts for a cinema hall: Cash collected through sale of tickets. Charges collected for advertisements, slides and short
Internal Audit and Independent Financial Audit comparison The following table lists some of the comparisons between Internal Audit and independent Financial Audit in terms of Objectives, Evaluation of
Understanding Internal Audit Internal audit reviews and analyses the attributes of an organization, provides counsel and recommendation to the members of the organization to perform the duties effectively.
What is an Audit Programme? The written plans prepared by an auditor showing the nature, duration and extent of the audit procedures to be adopted to conduct the
Audit of Educational Institutions The auditor may thoroughly study the trust deed of the trust to which the school or the college belongs and in the case of
Audit of Charitable Institutions An auditor may evaluate the internal control system in general, to ensure that the procedure is reliable. He may study the nature of the
What is a Social Audit? (Image: The Social Audit) Explanation of Social Audit Social audit includes any activity which has a significant social impact, such as activities affecting