Vuhelper
06-11-2011, 03:01 AM
Mr. Sajid has recently completed his Chartered accountancy degree and now he is eligible
to be appointed as an external auditor by any firm. During his learning period he learned
the following concepts regarding reviewing the internal control system of a company as:
1. Internal control also exists in small organizations.
2. ICQ (Internal Control Questionnaire) and flow charts are types of internal
control system.
3. Internal control means a procedure to control the accounting
methodology as well as taking into consideration other control as well.
4. Audit planning affects the internal control system.
to be appointed as an external auditor by any firm. During his learning period he learned
the following concepts regarding reviewing the internal control system of a company as:
1. Internal control also exists in small organizations.
2. ICQ (Internal Control Questionnaire) and flow charts are types of internal
control system.
3. Internal control means a procedure to control the accounting
methodology as well as taking into consideration other control as well.
4. Audit planning affects the internal control system.