Part 1 The Initial Audit The Internal Audit Department of X State University2 performs an unscheduled audit whenever a university department head desires assistance in determining the financial status of his departments operation and reports its audit results to the Vice President of Administration and Finance In addition unknown to most university employees it is standard operating procedure for the Internal Audit Department to perform an unscheduled audit prior to the departure of key employee

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Internal Auditing in Government was operational before independence but was discontinued following the Economic Commission Report of 1962 The system w... View the full answer