RSM India Officer Interview Questions and Answers

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.

• Internal auditing evaluates the effectiveness of an organization's risk management, control, and governance processes.

• It helps organizations accomplish their objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, ...read more

Bank reconciliation is the process of comparing a company's bank statement with its own financial records to ensure accuracy.

• It involves identifying and resolving any discrepancies between the two records

• It helps to ensure that all transactions have been recorded accurately

• Examples of items that may cause discrepancies include outstanding checks, deposits in transit, and bank fees

• Bank reconciliation is typically perfor