audit papers

Answers were Sorted based on User's Feedback



audit papers..

Answer / guest

Audit working papers are the files of analyses, summaries,
comments and correspondence built up by an auditor during
the course of the field work of an audit engagement. These
papers contain essential facts about accounts under audit.

Is This Answer Correct ?    4 Yes 0 No

audit papers..

Answer / lxmi1972

Auditors should prepare and organise their working papers
in a manner that helps the auditor carry out an appropriate
audit service. The auditor should avoid preparing or
accumulating unnecessary working papers, and should
therefore avoid making extensive copies of the client’s
accounting records. It is worth noting at this stage that
it is neither necessary nor practicable for the auditor to
document every matter considered during the audit.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Audit Interview Questions

First things unit price is Rs 1, second things unit price Rs 0.75 and third things unit price is Rs 0.25 condition 100 things (include 3 things unit price) is purchase in Rs 100 how you will get?

1 Answers  


what is audit & activities of auditor?

0 Answers   Ernst Young, Ferguson, ICICI,


for how much loan a borrower has to submit QIS

0 Answers  


what should we do in case of a Partnership wen the Partners capital account has debit balance???

1 Answers  


What is the Difference between Current Assets and Fixed Assets and how would you classified it

19 Answers   GET Engineering Construction,






why did u lost ur lost job?

1 Answers   Genpact, MTS, XL Dynamics,


What is tax audit

27 Answers  


what is the difference between capital and revenue expenditure

7 Answers  


a can do how many company audits

2 Answers  


Whats are the importance of evaluating an internal audit department?

0 Answers  


What all things are to be done in the internal audit of a company.And is internal audit cumpulsory for all companies??

1 Answers   Reliance,


Describe a situation where you had to work in a group ?

0 Answers   Ernst Young,


Categories