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Wednesday, July 22, 2009
What is an internal audit (an booklet released by ICAI)
The purpose of this Booklet is to throw light on the important aspects of internal audit, viz., evolution of internal audit, need for internal audit, defining internal audit, internal audit in Indianscenario, value addition made by internal audit in an organisation and understanding of internal audit report. The Booklet also informs about the initiatives taken by the Internal Audit Standards Board of the Institute of Chartered Accountants of India in the field of internal audit.
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