INTERNAL AUDITOR Definition

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INTERNAL AUDITOR is an auditor who works directly for a company auditing its activities throughout the year. Internal auditors of corporations are often not certified auditors, though they usually have significant accounting experience. They should report directly to the board of directors of the corporation.

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TOTAL CURRENT ASSETS is total of cash & equivalents, trade receivables, inventory and all other current assets.

MIS see MANAGEMENT INFORMATION SYSTEM.

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