External and internal audit

1. Siberian State Transport University

EXTERNAL AND INTERNAL
AUDIT
Name:
Buyakova Olga
Engineering & Econimics Faculty
2-st year students EBA-212

2. Plan

Introduction
1. The economic essence of internal and external
audit
2. Characteristics of internal audit
Characteristics of external audit
Conclusion

3. Internal audit

● Internal audit
Internal audit is an independent activity in the organization for the verification
and evaluation of its work
The purpose
is to help the employees
of
the
organization
effectively perform their
functions.

4.

Internal audit is conducted by auditors working in this organization.
Small organizations may not
have full-time auditors.

5.

6.

The main task of internal auditors is to provide control information.
Functions :
• verification of informanagement links
• evaluation of performance.

7. External Audit

● External Audit
External audit is an independent verification of the client's financial
statements in order to establish its reliability of financial and business operations.
The purpose
is to audit the financial statements

8.

External audit is conducted on a contractual basis by audit firms or
individual auditors.
Enterprises and organizations have
the right to choose auditor.

9.

10.

Thank you for your attention!