Procure to Pay : Receipt of Goods & Services
We looked at the checkpoints for requisitioning & ordering earlier, click here to learn about it. We will now look at the receipt of the […]
Risk
Testing IT Controls – Procure to Pay
It is necessary to constantly check for key controls and security while having an ERP system that supports critical functions of the business, such as […]
Procure to Pay: Requisitioning & Ordering Internal Audit Checklist
We looked at the checkpoints for vendor selection earlier, click here to learn about it. Now we will look at the checkpoints for Internal Audit […]
Employee Reimbursement Audit – Checklist & Pointers
Employee reimbursement is one of the most common frauds noted in large organizations where the need for the business personnel to travel is high or […]
Fraud Story #4 Needs Recognition
Amar, a packing material inventory handling personnel of a multi-national company is responsible for preparing/editing the designs for the packing material and getting it approved […]
INTERNAL AUDITING 101
Basics of Internal Auditing Welcome to Internal Audit 101 series. There are few questions that I come by on regular basis from most of the […]
Internal Control & Risk – Quiz – CIA PART 1
Here is a quiz on the Internal Control & Risk from the CIA Part 1. The quiz is restricted to 75 seconds a question in […]
Internal Audit Basics – Cross Word
Here is a set of basics of the internal audit questions to test your knowledge. These are mostly derived from the CIA part 1 material. […]