What is the procedure of an audit?

What is the Procedure of an Audit? An audit aims to determine whether a company adheres to expected standards by objectively analyzing and examining its operations. Audits can have different purposes. Audits typically consist of several steps or phases to…

Auditor and his role in a Company

Auditor and his role in a Company Audit is a corporate governance practice that is conducted to put a check on an entity. It is the thorough examination of complete books of accounts, transactions entered into by the company, physical…

Appointment of Internal Auditor

Appointment of Internal Auditor As per Section 138 of the Companies Act, a certain class of companies are required to appoint an internal auditor for conducting internal audit which evaluates the function and activities of the company. The internal auditor…