What is the difference between audit and management control?

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Posted by:
Wa'el
08-September-2013

Accounting Auditing Cabinetry ICT Consulting Finance

Question added by FATEH BOUCHENE , institut d'emission , banque centrale d'algerie
Date Posted: 2017/06/23

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by WAQAR AHMED , Civil Project Engineer , Friend’s Builders

The site supervisor or engineer is the one who execute the work at site while the site quality control engineer will do the inspection of the work.

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by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Management control systems have been conceptulized on terms of implemrnting a firn's strategy.-Intterative management control sustems focus organizational attention on strategic uncertainies. -A negative relation is found between audit committee indepenence and abnormal accruals. &The most pronounced effects occur when either the board or the audit committee is comprised of a minirity of out sude directirs.

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