Economy, asked by rohansrivastaw, 5 months ago

Distinguish between internal Audit and Independent Audit?

Answers

Answered by varshabishnoik

1

Answer:

The main difference between internal and independent audits is that internal audits are conducted by employees of the entity being audited; and, independent audits are conducted by individuals that are not in the employ of the entity being audited. ... The Auditor General may “contract out” audits.

Answered by Braɪnlyємρєяσя

13

Explanation:

The main difference between internal and independent audits is that internal audits are conducted by employees of the entity being audited; and, independent audits are conducted by individuals that are not in the employ of the entity being audited. ... The Auditor General may “contract out” audits

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