Question

difference between internal audit and interim audit in points ​

Answer 1

Answer:

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Explanation:

Interim audit is a part of external auditwhere an auditor commences auditbefore the year end. ... Internal audit is carried out by the company itself. Theinternal audit department of the company carries out internal auditactivities to ensure effective running of the company

Answer 2

Answer:

Internal audit is the name of department who performs the audit while interim audit is the audit which other than statutary audit and it is perform during the fiscal year and it is performed to help the final audit procedures which is done after the completion of fiscal year.

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