Is Internal Audit better than External Audit?
Asked by Raj B
-
1 Answer
-
Internal Audit is the independent, objective assurance, proactive and consultative approach to evaluating a company's operations and internal controls. The External Adudit is often viewed as the check-the-box activity. The External Audit usually gives an opinion on the financial condition and risks of an organisation.
Taking an Exam? Selecting a College?
Get authentic answers from experts, students and alumni that you won't find anywhere else
Sign Up on ShikshaOn Shiksha, get access to
- 65k Colleges
- 1.2k Exams
- 687k Reviews
- 1800k Answers