Question

Difference between internal check system and internal audit

Answer 1

Answer:

Internal audit: It is a device for checking the work, whereas internal check is a device for doing the work. 7. In Internal Audit Errors and Frauds are detected after the completion of work, whereas in Internal Check the Errors and Frauds are discovered during the course of work.

Answer 2

Answer:

Internal audit: It is a device for checking the work, whereas internal check is a device for doing the work. 7. In Internal Audit Errors and Frauds are detected after the completion of work, whereas in Internal Check the Errors and Frauds are discovered during the course of work.

Explanation:

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