11-19-2004, 03:51 PM
Dear fella's
i agree with u. Internal audit focuses mainly on the operational aspects For instance business risk assessments, CSAs, suggesting ways for improvment and yeah u don't necessarily have to be a qualified accountant to perform well...though it do require a certain degree of financial background and a person having more comprehensive knowledge of the business, operations wud be able to do the job more effectively rather than a qualified accountant.
Internal audit surely provides a better chance to develop a more thorough understanding of the internal control systems, assessing its adequacy & efficacy, helping the management in ERM.<font face='Century Gothic'></font id='Century Gothic'><font size=6></font id=size6><font color=navy></font id=navy>
O Lord! Increase me in knowledge...Ameen!
i agree with u. Internal audit focuses mainly on the operational aspects For instance business risk assessments, CSAs, suggesting ways for improvment and yeah u don't necessarily have to be a qualified accountant to perform well...though it do require a certain degree of financial background and a person having more comprehensive knowledge of the business, operations wud be able to do the job more effectively rather than a qualified accountant.
Internal audit surely provides a better chance to develop a more thorough understanding of the internal control systems, assessing its adequacy & efficacy, helping the management in ERM.<font face='Century Gothic'></font id='Century Gothic'><font size=6></font id=size6><font color=navy></font id=navy>
O Lord! Increase me in knowledge...Ameen!
