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Accountancy Forum The Profession Accounting and Audit v
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Risk Management – An Expansion of Audit

 
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Risk Management – An Expansion of Audit
wasim akram
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#4
03-06-2009, 11:07 PM
Dear Awaisaftab,
Internal audit is based on management of risk.
Your topic is wide spreading and you have quite impresively and precisely commented on it. May I sugest you to interpret your topic in short segments. so that one can comment in short passage. It will save time(with excuses from my point of view) would be read and commented effectively. Subjective and objective rquirement of the topic should be identified. So one can understand quite in line with those of interpretor.
As far as your topic is concerned, It is my favourite becoz I spent almost 8 years at key post in globaly knowned group of companies. In the Element of Risk, I suggetn to add Dimension or Quantum of Risk. Remember Internal auditor is not the part of board of directors but allow Department of Internal Audit to check application of policies and procedures adopted by the board. An internal Auditor is supposed to look into the risks like ones own and suggest prudently managment of the risks without harrasment within the organization and so on .....
time and cost is again the greatest risk..............of my own.........till next.
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Messages In This Thread
Risk Management – An Expansion of Audit - by awaisaftab - 01-28-2009, 02:02 PM
[No subject] - by awaisaftab - 03-05-2009, 02:54 PM
[No subject] - by Toronto_Boy - 03-06-2009, 01:36 AM
[No subject] - by wasim akram - 03-06-2009, 11:07 PM
[No subject] - by awaisaftab - 03-07-2009, 03:19 PM
[No subject] - by awaisaftab - 12-30-2009, 04:18 PM

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