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What do you mean by system audit?
System audit is a process of checking and illustrating a system.
What is meant by audit trail?
audit is an evaluation of a person, organization, system, process, project or product .Audits are performed to ascertain the validity and reliability of information, and also provide an assessment of a system's internal control. The goal of an audit is to express an opinion on the person/organization/system etc. under evaluation based on work done on a test basis.Doing a trial process in audit to make it effective is audit trial.
What is the difference between Audit and Inspection?
Dear Friends, I would like to answer the question as below: Inspection is an observation. Inspection is to examine closely any equipment or facility. It may be formal(with a plan and a check-list) or informal.Examples: 1. Inspection of a Fire Tender with a checklist for its operability, worthiness of its fire water pump , fire monitor etc.2. Inspection of the tank shell for finding any deformity, thinning etc. Audit is a process of evaluation and to measure performances that is based on Standards & Guidelines, identifies the compliance & non-compliance based on Standards and is neutral. There are three types of audit namely: 1) Legal Compliance Audit 2) Internal Standards Audit 3) System Audit Audit is the verification of a Process, a System or a Procedure. Examples:1. Audit of Firewater pump house. 2. Audit of a Process Plant 3. Audit of Quality Control Laboratory. Here the systems and processes are verified with respect to a documented procedure. Thus the audit of a quality control laboratory will involve the verification of the existence of the quality control procedure, sampling procedure, reporting procedure etc. Learn more about the difference between a home inspection and energy audit by visiting: http://jimbushart.wordpress.com/2012/06/14/difference-between-the-home-inspection-and-the-energy-audit/
What do quality auditor offers?
Quality audit is the process of systematic examination of a quality system carried out by an internal or external quality auditor or an audit team.
Diferentiate between internal check and internal audit?
Difference between internal check and internal audit.Following are the main differences between internal check system and internal audit system:1. Way of checking â€" In internal check system work is automatically checked whereas in internal audit system work is checked specially.2. Cost involvement â€" in internal check system checking is done when the work is being done. Mistake can be checked at an early stage in internal check system.3. Thrust of system â€" Thrust of internal check system is to prevent the errors and whereas the thrust of internal audit system is to detect the errors and frauds.4. Time of checking â€" In internal check system checking is done when the work is being done whereas in internal audit system work is checked after it is done. Mistakes can be checked at an early stage in internal check system.
What do you mean by system audit?
System audit is a process of checking and illustrating a system.
What is meant by audit trail?
audit is an evaluation of a person, organization, system, process, project or product .Audits are performed to ascertain the validity and reliability of information, and also provide an assessment of a system's internal control. The goal of an audit is to express an opinion on the person/organization/system etc. under evaluation based on work done on a test basis.Doing a trial process in audit to make it effective is audit trial.
How do you audit share based payments and special purposes entities?
examples of audit procedures for share based options
What is system auditing?
A system audit is an audit made throughoutÊthe computer system to determine the significance of their effectiveness and to recommend improvements. It is an audit of a system or subsystem against system requirements in order to show conformity or nonconformity to the system.Ê
What is the difference between traditional audit and system audit?
I'm surmising that you mean traditional audit and system audit and will continue based on this. A traditional audit generally ensures that you are meeting the standards of some sort of guidelines, whether that be generally accepted accounting principals or an income tax act. Basically, that you have met your responsibilities to report any obligations correctly. A systems audit is something that ensure that your accounting systems, or computer systems are doing what they are supposed to be doing. Are the purchase orders being initialled by the correct person, or are the edit checks in your cheque generation system picking up where there is no invoice to trigger a payment.
What is the difference between tradition audit and system audit?
I'm surmising that you mean traditional audit and system audit and will continue based on this. A traditional audit generally ensures that you are meeting the standards of some sort of guidelines, whether that be generally accepted accounting principals or an income tax act. Basically, that you have met your responsibilities to report any obligations correctly. A systems audit is something that ensure that your accounting systems, or computer systems are doing what they are supposed to be doing. Are the purchase orders being initialled by the correct person, or are the edit checks in your cheque generation system picking up where there is no invoice to trigger a payment.
What is sales audit trial?
I assume you mean "audit trail". An audit trail is any system set up to check who did what, and when.
How does the project audit differ from the performance measurement control system?
How does the project audit differ from the performance measjrement control system
What is the difference between internal audit and interim audit?
Internal audit is the name of department who performs the audit while interim audit is the audit which other than statutary audit and it is perform during the fiscal year and it is performed to help the final audit procedures which is done after the completion of fiscal year.
Procedure for system audit?
The procedure for a system audit begins with planning. The controls are then studied and evaluated. Reporting then begins and is followed by any follow up procedures.
How to establish a system to monitor audit and enforce ethical standards?
establishing systems to monitor, audit and enforce ethical standards ?
What is a surveillance audit?
A survelliance audit is a process where current procedures are checked and verified against the company's quality management system.
