Quality Control: As per CAS 21, Quality Control is a procedure or a set of procedures exclusively designed to ensure that the manufactured products or performed service(s) adhere to a
(a) Internal control questionnaire relating to inventory: 1. Is the storage accommodation adequate to provide protection against – deterioration? – access by unauthorized persons? – any other local hazards? 2.
The internal controls can be broadly classified into following four main categories: (i) Administrative control – Administrative controls include all types of managerial controls related to the decision making process.
Section 138 of the Companies Act, 2013, deals with the provisions relating to Internal Audit: (i) Such class or classes of companies as may be prescribed shall be required to
An audit programme is a detailed plan of the auditing work to be performed, specifying the procedures to be followed in verification of each item and the financial statements and
Personnel Management & Functional areas of Personnel Management along with the scope of Human Resources Management.
Personnel Management is that part of the management function which is primarily concerned with the human relationships within an organization. Its objective is essentially the maintenance of those relationships, which
Management Audit Programme (MAP) & factors should be considered for framing an efficient Management Audit Programme
The management audit programme is an essential prerequisite to conducting the audit. It is a plan of action drawn in advance of taking up the audit, and to help the