Can ratio analysis be incorporated as a part of the Internal Audit Report ?
If so can anyone provide me with the Industry Average Ratios for Construction Industry.
1 Replies
Deepak Gupta
(CA Student)
(15922 Points)
Replied 23 October 2011
| Originally posted by : Sana M I Gour | ||
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Can ratio analysis be incorporated as a part of the Internal Audit Report ? If so can anyone provide me with the Industry Average Ratios for Construction Industry. |
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Analytical review tests should be carried out by the auditor. Analytical auditing procedures provide an efficient and effective method of comparing relationship among data. Some Analytical tests are trend analysis, benchmarking and ratio analysis
MANUAL ON INTERNAL AUDITING by Rajkumar S. Adukia
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