can any one please tell me what is process audit?????
Dipu Divakar (Accountant) (70 Points)
17 October 2008can any one please tell me what is process audit?????
Originally posted by :Dipu Divakar | ||
" | can any one please tell me what is process audit????? | " |
Process Audit, better known Business Process Review/Audit or Internal Audit. Such an audit seeks to improve the Business Processes by giving suggestions for improvement, plugging loopholes, etc. E.g. of process reviews are Inventory Control, Manufacturing, Payments process, Procurement process, Marketing Process, Treasury, etc. For more info. search on the internet under "Internal Audit".