In one sentence, What is Auditing ?
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
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 |
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 |
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 |
what do you mean by documentation
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.
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
What should the internal auditor?
what is meaning TDS?
23 Answers TCS, Vidhi Dyestuffs,
Do you believe in talent or hard work ?
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
Required ecc no of pan number AABCU0139q
What to do after the audit?
Why do you want to join audit?
what is the time of pf return, and how can calcualte the pf inertest.