Abstract:
This report is Titled as “Internal Audit Compliance Procedures: A Field Experience
from Akij Venture Limited”– A Study on Akij Venture Limited: An internship report
on BBA program. Auditl Practice A report on Assurance Services An Analysis of Akij
Venture Limited.
The purpose of Akij Venture Limited ’s Internal Audit Compliance includes the review
and evaluation of the overall operation, internal control and procedures of finance
reporting, preventing and detecting of fraud or other irregularity in the organization. The
objective of compliance procedures is to ensure that Financial Statements are prepared in
all material respects in accordance with the appropriate accounting standards, review for
compliance of Rules and regulations, and evaluate the efficiency and effectiveness of
operations. Internal Audit Compliance Audits procedures have been designed by Akij
Venture Ltd to add value and improve operations in the field of financial integrity and
operational efficiency. The audit will also serve as a critical resource for lessening the
gaps in internal controls and for outcome reporting to effectively maintain compliance
and the confidence of the constituents.
I have structured this report in 7 chapter. Chapter or Topic 1: Here Chapter one includes
Introduction of the report, purpose of the report and the explanation of the procedure
method for the Internal Audit Compliance with all steps in Akij Venture Limited. In
Chapter two will cover company information, mission and vision. Audit Role and
Responsibilities will be discussed in Chapter Three. There is result of Kye Learnings
and Experience in Chapter Four. Chapter Five In this chapter the there will be a discuss
about Critique and Reflecations. Will Fall In Chapter Six Will Prepare Implications.
Summary and Récomendation There is the last chapter.
Daffodil International University
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In this report,, we discuss the general internal audit and how it is transacted. I learn a lot
of insight regarding the process of audit during this internship. Operational audits were
conducted to assess efficiencies and resource allocations. Further, the/Risk Assessment
Process identified several conditions indicating potential weaknesses in financial
reporting and operational practices.
The results indicates that Akij Venture Limited has a sound financial structure and
further potential to develop its internal control and operational efficiency. Directives will
serve management in standardized practices and will strengthen governance and
financial integrity.
