Auditing Chapter 2

Chapter 2 - Internal Check, Internal Audit, Internal Control This chapter covers the concepts of internal check, internal audit, and internal control. Internal check refers to the system of controls established within an organization to ensure the accuracy, completeness, and reliability of financial and operational information. Internal audit is an independent appraisal function that examines and evaluates the adequacy and effectiveness of the internal controls and provides recommendations for improvement. Internal control refers to the policies, procedures, and practices established by management to achieve specific objectives and safeguard assets, prevent and detect fraud and errors, ensure accuracy and completeness of financial information, and ensure compliance with laws and regulations. #Internalcheck #Internalaudit #Internalcontrol #Auditingdefinition #Auditingobjectives Video Link: Chapter 1- https://youtu.be/iIUIqG7jDws, Chapter 2 -https://youtu.be/ebecryKaIrA , Chapter 3 - https://youtu.be/UCpmafrqaiQ, Chapter 4 https://youtu.be/jnIMgS3GmCA , Chapter 5 - https://youtu.be/nDPS2tIegTQ , Chapter 6 https://youtu.be/tBLhMvAGXt4, Chapter 7 -https://youtu.be/8nO56hxOATA, Chapter 8 - https://youtu.be/fkzll7QjKUg, Chapter 9 -https://youtu.be/R7uYnYUAbvY, Chapter 10 (Part 1) https://youtu.be/SgfAv5QsfZk, (Part 2) https://youtu.be/WqSBmlQCSTE Internal Check, Internal Audit and Internal Control Auditing Chapter 2 Delhi University B.Com Download the book from here https://sol.du.ac.in/mod/resource/view.php?id=2672 Please share and support the channel to Grow