Audit

Internal Audit vs External Audit

Internal Audit vs External Audit
The basic difference between an internal audit and an external audit is that an internal audit is conducted internally, by employees of the company or organization, whereas an external audit is conducted by...

Tax Audit vs Statutory Audit

Tax Audit vs Statutory Audit
A tax audit is conducted to ensure that the financial statements of a person or an organization are in order. This may be done on the behalf of the person or company, or it may be a requirement. A statutory...

Different Types of Audit

Different Types of Audit
Audits are primarily classified into Internal and Statutory Audit. For conducting, internal audit, internal auditor is appointed by the management of the company, whereas for conducting statutory audit,...

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