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In one sentence, What is Auditing ?

Answers were Sorted based on User's Feedback



In one sentence, What is Auditing ?..

Answer / e.gayathri

it is examination of company's accounts whether is it
follow the principles or not.

Is This Answer Correct ?    12 Yes 2 No

In one sentence, What is Auditing ?..

Answer / girish

Audit is the review of financial statements of an
organisation, irrespective of whether profit oriented or
not, if such examination is conducted inorder to give an
opinion thereon.

Is This Answer Correct ?    11 Yes 1 No

In one sentence, What is Auditing ?..

Answer / ravindanath

independent examination of books of accounts of a company to express an opinion whether they are showing a true and fair view or not

Is This Answer Correct ?    9 Yes 0 No

In one sentence, What is Auditing ?..

Answer / jyoti chauhan

regular checking of all documents, activities, accounts,
records and reports of all activities of comapny

Is This Answer Correct ?    2 Yes 0 No

In one sentence, What is Auditing ?..

Answer / manoj kumar pramanik

Audit is the review of financial statements of an
organisation, irrespective of whether profit oriented or
not, if such examination is conducted inorder to give an
opinion thereon and to be rectification.

Is This Answer Correct ?    0 Yes 0 No

In one sentence, What is Auditing ?..

Answer / arjun chauhan

An audit an indipendent examination of finanacial information of any entity, Whether profit orianted or not,and and irrespective of its size or legal form,when such examination is conducted with a view to expressing opinion thereon.

Is This Answer Correct ?    0 Yes 0 No

In one sentence, What is Auditing ?..

Answer / vimal

Systematic, independent and documented process for obtaining
audit evidence and evaluating it objectively to determine
the extent to which audit criteria are fulfilled is auditing.

Is This Answer Correct ?    0 Yes 1 No

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More Audit Interview Questions

what do you mean by documentation

3 Answers  


Three common types of confirmations used by auditors are (1) negative confirmations, (2) blank form positive confirmations, and (3) positive confirmations with information included. Place the confirmations in order of reliability from highest to lowest.Question 8 options: 1, 2, 3. 3, 2, 1. 2, 3, 1. 3, 1, 2.

2 Answers  


if bill has came for payment for car repair purpose in bill they mentation total parts value is 21000 and labour 13000 with total of 34000 inthat on parts vat is include so we have to deduct tds u/s 194c @2% on full amount of 34000 or not(bill is single for whole 34000 purpose_

3 Answers   Maruti Suzuki, Thermotech Engineers,


Expand---------BRPT

1 Answers  


What should the internal auditor?

0 Answers  


what is meaning TDS?

23 Answers   TCS, Vidhi Dyestuffs,


Do you believe in talent or hard work ?

0 Answers   Ernst Young,


we want to know that the rate of TDS on contractor , rent, Professional and also know that what is the minimum amount for TDS on Contractor , Professional

4 Answers  


Required ecc no of pan number AABCU0139q

1 Answers   Lloyds,


What to do after the audit?

0 Answers  


Why do you want to join audit?

0 Answers   Ernst Young,


what is the time of pf return, and how can calcualte the pf inertest.

1 Answers  


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