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What is the International Situational Audit (Finance) facing by Air Asia? Please explain in more detail...

What is the International Situational Audit (Finance) facing by Air Asia? Please explain in more detail in at least 3 areas

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Answer #1

INternational Situational Audit:Means Anlayisis of Situtation both inside and Outside Entity need to Determine the market Factors,Competative Factors And Environmental Factors And look in to internal Strengh And weakness in Business

Situational Audit includes

  • Internal Audit
  • External Audit

Area Takes place in situtaional Audit In finance

  • Rising of funds
  • Risk facing by entity
  • credit wothiness of entity
  • Different Debts Relating to company
  • Major stakeholder in company
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