May chin is an Audit intern at Paul Adam chartered accountants, she is confused about the responsibilities of the profession. It is difficult for her to understand the need for an internal audit when there is an external audit. Explain to her the two types of auditing and what are the differences

May chin is an Audit intern at Paul Adam chartered accountants, she is confused about the responsibilities of the profession. It is difficult for her to understand the need for an internal audit when there is an external audit. Explain to her the two types of auditing and what are the differences

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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