Characteristics of Internal Control
1. Experienced, Qualified and Trustworthy Personnel
The personnel should be well qualified, experienced and trustworthy and this helps in providing better servicesthan...
Why do we prepare Departmental Accounting ?
Now, say, for example, there is a retail store that contains different sections, if clothing bags, Footwear beauty...
At following points, Internal and External/Statutory Audit differs:-
1 What is the purpose of the audit?
Internal audit considers whether business practices are helping the...