Difference between Internal Audit and Statutory Cost Audit

This article will help you to differentiate between Internal Audit and Statutory Cost Audit. Difference # Internal Audit: A. Scope: 1. (a) The work of audit under the system is mainly performed by the employ­ees, i.e. internal staff of the company. (b) The work can be done by any person having training and skill on the sub­ject and no academic [...]