Internal Auditor/ Internal Controls Interview Questions and Answers for Freshers

Internal Control functions are processes implemented by an organization to ensure the achievement of its objectives.

• Internal Control functions are designed to manage risks and ensure compliance with laws and regulations.

• They involve the establishment of policies and procedures, segregation of duties, and monitoring of activities.

• Examples of Internal Control functions include financial reporting, inventory management, and information technology security.

• Internal Control functi...read more