Internal Audit Procedure of Howladar Yunus CO.

Abstract

The purpose of this report is to analyses Howladar Yunus & CO.’s internal audit procedures and processes. This report represents culmination of the internship experience. The report has been divided into eight separate chapters. I utilize a qualitative technique to analyze their internal audit procedure since I didn't use any numerical data, that’s why I took a qualitative approach. Furthermore, the report contains information on the methodology utilized, the sample size, and the categories of data used in the report's preparation. From the study i have found a few similarities and also a few differences. These differences came because of the local practices. Science they are one of the renowned firms in Bangladesh and for their internal audit procedure they maintain all the professionalism. I was involved in their Consumer testing Laboratories Ltd engagement. In this report i focused especially on their internal audit procedure there were both possibilities and constraints when creating this report. The review of the literature presents the analysis and investigations of a number of investigators who conducted rigorous study on the subject. The findings part of this report refers the internal audit procedures of Emile Woolf and Howladar Yunus & CO. has certain parallels and variances. Lastly in this report i recommended a few developments in their internal control activities so that they can do their internal audit procedure more efficiently.