Traditional Culture Encyclopedia - Traditional festivals - What is the difference between internal control and internal audit
What is the difference between internal control and internal audit
Difference between internal control and internal audit:
Different objectives. Internal control is the establishment of mutual constraints on the management relationship, the purpose is to improve business management; internal audit is to evaluate the various operations, whether the compliance.
The means are different. Internal control tools are mainly environmental control, risk assessment, activity control, information and communication, monitoring, etc.; internal audit is the main means of checking, correspondence, sampling, interviews, surveys, etc..
Different focus. The focus of internal control is the management process, system and job constraints, the effectiveness of the system, key positions, etc.; internal audit focus is the completion of the indicators, abnormal financial phenomena, financial norms, etc..
Different objects. The object of internal control is the entire enterprise links; internal audit is the relevant links and financial information.
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