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Is there any difference between internal check and internal audit?

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Question added by Moses Ajayi Murorun , Production Executives , Various Organizations
Date Posted: 2013/08/20
taha amer
by taha amer , Finance Manager , Arabia ‎Holding

Both sides of the same coin, but amore effective internal audit

Sridhar Rajagopal
by Sridhar Rajagopal , Financial Controller , Sai Krishna Bio Tech

Yes Internal chek is one for cheking the procedures and policies followed are complying with company policies.Internal audit is vouching of the contorl records for its intergrity and conforming to the regulatories.But Internal audit can perform internal chek depends upon the scope of their audit 

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