Internal audit is conducted by the staff of the entity or by an independent professional appointed for that purpose.

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CMA Intermediate Exam: Auditing — practice the complete quiz, review flashcards, or try a random question.

Syllabus of the paper:

Auditing 50% weightage
1. Auditing Concepts
2. Provision relating to Audit under Companies Act


Internal audit is conducted by the staff of the entity or by an independent professional appointed for that purpose.