Tag Archives | Aspects

Cost Audit Aspects: 2 Main Aspects of Cost Audit

This article throws light upon the two main aspects of cost audit. The aspects are: 1. From the Aspect of Statute 2. From the Aspect of Spheres for Action. Cost Audit: Aspect # 1. From the Aspect of Statute: In the case of a limited company, the scope of cost audit is outlined in the provisions contained in Section 233B [...]

By |2016-06-14T08:47:17+00:00June 14, 2016|Cost Audit|Comments Off on Cost Audit Aspects: 2 Main Aspects of Cost Audit
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Main Evaluation Aspects of Purchase Management

This article throws light upon the three main evaluation aspects of purchase management. The evaluation aspects are: 1. Authorization for Purchase and Procurement 2. Internal Operations 3. Special Test. Purchase Management: Evaluation Aspect # 1. Authorization for Purchase and Procurement: i. Review the procedures, such as adequacy of approvals necessary for particular types of items and amounts in terms of [...]

By |2016-06-14T08:46:51+00:00June 14, 2016|Auditing|Comments Off on Main Evaluation Aspects of Purchase Management
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