Audits – Useful Financial Tips https://www.usefinancialtips.com A Complete Finance Guide Sun, 02 Oct 2022 12:21:33 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.25 Differences Between Internal Auditing and External Auditing https://www.usefinancialtips.com/differences-internal-auditing-external-auditing/ https://www.usefinancialtips.com/differences-internal-auditing-external-auditing/#respond Mon, 23 Jul 2018 14:11:47 +0000 https://www.usefinancialtips.com/?p=989 What is Auditing? Auditing is a systematic process which involves the examination of the financial books of accounts. The systematic process follows a certain procedure whereby it commences with a client inquiry, an audit plan, fieldwork, analysis, professional judgment, reporting, and documentation. Auditing can be differentiated as either internal and external auditing. The basis of […]

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]]> https://www.usefinancialtips.com/differences-internal-auditing-external-auditing/feed/ 0 Auditing: 10 Duties of an Internal Auditor https://www.usefinancialtips.com/auditing-duties-internal-auditor/ https://www.usefinancialtips.com/auditing-duties-internal-auditor/#respond Tue, 15 May 2018 08:54:13 +0000 https://www.usefinancialtips.com/?p=984 What does an Internal Auditor Do? Do you want to be an internal auditor? Is it your dream job or maybe you want to change your career today and become an internal auditor? If so or not, it will be vital for you to understand the duties of an internal auditor. To begin with, internal […]

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]]> https://www.usefinancialtips.com/auditing-duties-internal-auditor/feed/ 0 Auditing – 9 Phases of an Audit Cycle https://www.usefinancialtips.com/auditing-9-phases-audit-cycle/ https://www.usefinancialtips.com/auditing-9-phases-audit-cycle/#respond Mon, 05 Mar 2018 09:05:51 +0000 https://www.usefinancialtips.com/?p=978 What is Auditing? Auditing is a vital process in any organization, to begin with. The process can be performed by either an internal or an External auditor depending on the need of the organization. Moreover, many firms have invested in the auditing sector by employing well-qualified employees as internal auditors to ensure that everything aligns in the […]

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]]> https://www.usefinancialtips.com/auditing-9-phases-audit-cycle/feed/ 0 How to ensure effective Internal Audits? https://www.usefinancialtips.com/ensure-effective-internal-audits/ https://www.usefinancialtips.com/ensure-effective-internal-audits/#respond Mon, 27 Mar 2017 11:16:00 +0000 http://www.usefinancialtips.com/?p=943 Understanding Internal Audit Ensuring the success and efficiency of the internal audit unit within an enterprise is the goal of any management team. Internal auditing is impartial in keeping a company in check continuously and ensuring it keeps in line with the results of an external audit. As such to ensure the efficiency and success […]

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