It was internal audit that what is walk through?

Question

Accepted Answer

A walkthrough is a method used in internal audit to review and assess the effectiveness of controls and processes.

A walkthrough involves following a transaction or process from start to finish, examining the controls in place and identifying any weaknesses or gaps.
It helps auditors gain an understanding of how a process works and how controls are implemented.
During a walkthrough, auditors may interview employees, review documentation, and observe the actual process in action.
The purpose of a walkthrough is to ensure that controls are operating effectively and to identify any areas for improvement.
For example, in a financial audit, a walkthrough of the accounts payable process would involve tracing a sample of invoices from receipt to payment, checking for proper authorization and documentation at each step.
A walkthrough can also be used to assess compliance with regulatory requirements or internal policies.

Accepted Answer

company policy is working exprince

Accepted Answer

Not interested in this .

Popular interview questions of Assistant Manager