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What are the 5 internal controls in auditing?
Internal controls are the procedures and processes that organizations use to ensure the accuracy and reliability of their financial information. Auditors use these controls to evaluate the effectiveness of an organization’s internal control system. The five internal controls in auditing are: Segregation of Duties: This control requires that different... ↪ read more...What is audit checklist?
An audit checklist is a tool used by auditors to ensure that all necessary steps are taken during an audit. It is a list of items that need to be checked or verified during the audit process. The checklist is used to ensure that all areas of the audit are covered and that nothing is overlooked. An audit checklist typically includes items such as verifying... ↪ read more...What are the 4 basic services of an architect?
Architects provide a variety of services to their clients, but there are four basic services that are typically provided. These services are design, construction management, project management, and consulting. Design is the most important service that an architect provides. This involves creating a plan for a building or other structure that meets the... ↪ read more...All articles (Blog)