Checking the internal control system is the most frequent task. Several types can be distinguished here: financial audit, operational audit, compliance audit (compliance audit), audit of information technology (information systems), audit in the field of environmental protection. A financial audit is an audit of the accounting and financial reporting control system. It aims to ensure…
Tag: Internal Audit
Challenges in Conducting Internal Audit During COVID Times
We are more than aware of the challenge that the ongoing COVID19 situation has thrown at us. The impact has been so sudden that the business as well as audit teams were compelled to change the fundamental way of working overnight. As the auditing teams were working remotely, the other vital cogs within the auditing…

