Question: Please assist with this principles of internal audit question Write an essay to explain the diagram below: (20 marks) Start Initiate Audit Assign work to

Please assist with this principles of internal audit question

Please assist with this principles of internal
Write an essay to explain the diagram below: (20 marks) Start Initiate Audit Assign work to auditors Prepare for audit Develop audit plan per audit plan Review documents and Carry out the audit communicate during the audit Prepare audit working Conduct opening meeting guides may be assigned papers Generate audit findings Present your findings and Follow up on actions and and prepare your audit conclusions in a closing Formally distribute your corrective actions identified finding in an audit report in the audit report conclusion meeting End

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!