Tag Archives: #AuditResponsibilities

What does an internal auditor do?

Internal auditor Internal auditors play a vital role in ensuring the integrity, efficiency, and effectiveness of an organization’s operations. While many people are familiar with external audits, internal auditing is equally crucial in maintaining the financial health, operational efficiency, and regulatory compliance of a company. This blog will explore what internal auditors do, their responsibilities,… Read More »

16.21 Audit and Assurance: Is assurance is audit?

Audit and Assurance   Audit and Assurance  are related concepts but are not the same thing. Assurance is a broader term that encompasses various activities aimed at providing confidence to stakeholders regarding the reliability, accuracy, and compliance of information. It involves evaluating and expressing an opinion or conclusion on a subject matter, which could be… Read More »

Can a company secretary do audit?

Company secretary audit   Company secretary audit, on the other hand, is a specialized field that involves the examination and verification of financial records, statements, and processes of an organization. Audits are typically conduct by qualified professionals known as auditors, who may be external to the organization or employee within an audit firm. While a… Read More »