Well, if you thought that a newborn baby cannot hear, thing again!! The sense of hearing in an infant develops much before the birth of the baby. When in the womb, the baby hears his mother's heartbeats, the grumbling of her stomach and the sudden loud noises like a car blaring or a drum banging.
Some typical stages in the audit process. An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern.
Definition of IT audit â An IT audit can be defined as any audit that encompasses review and evaluation of automated information processing systems, related non-automated processes and the interfaces among them. Planning the IT audit involves two major steps. The first step is to gather information and do some planning the second step is to gain an understanding of the existing internal control structure.