GDP measures the monetary value of final goods and servicesâthat is, those that are bought by the final userâproduced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.
Process Audit :-Auditor will concentrate on process at each stage & itss relevant parameters process parameters like temperature, pressure, speed etc.Along with this he audits operator competency level , environment condition under which he operates the machine,5S,safety etc...
Full Scope vs. Limited Scope Audits in Retirement Plans. INTRODUCTION. Audits are an essential part of the Employee Retirement Income Security Act (ERISA) reporting structure. However, the audit aspects that make employee benefit audits different from general financial audits, mean that their benefits are frequently misunderstood.