Introduction of internal control :

The Assessment of internal control has gained much priority now days for its numerous advantages both to the
auditor and auditee. After review of internal control system in an organisation, the auditor ascertains the depth of audit required while the auditee gets aware about the weakness in present system. This provides an opportunity to the auditee to improve upon the existing system and implement better system for ensuring accuracy in recording and reporting, safeguarding of assets, compliance of laws etc.

Here in this section we will cover review of purchase operation, management information system, selling and distribution policies and programs, manufacturing operations, HR system and management decisions.