what is audit
- 26 Answers
- 41710 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kavitha
Audit is an independent examination of financial statements of an entity, to express an opinion on whether the profits or losses expressed in the profit and loss account and the financial position of the company expressed in the balance sheet are true and fair. Only a chartered accountant qualified under ICAI is eligible to be appointed as an auditor of a company.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / prateek jain
Audit is an evaluation of person, organisation, system, process, project or product.But the term 'audit' commonly referred to audit in accounting.
Audits are performed to ascertain the validity and relability of information and that it is free from material missatement.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / satya
the word audit is derived from the lation word auditer which
means to hear
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / lokesh chauhan
Audit is a case with the system is checked with their
standards.
Plz correct me if i m wrong...
Regards..
Lokesh Kumar Chauhan
lokesh_kumar_chauhan@yahoo.com
Mobile - 09350229669
Noida
| Is This Answer Correct ? | 21 Yes | 24 No |
Answer / nishank sharma
AUDIT IS AN IMPORTANT PROFESSIONAL TASK CARRYING HEAVY
LIABLITIES AND CALLING FOR THE COMMENSURATE SKILL AND
JADGMENT.
OR WE CAN SAY THAT AUDIT IS A PROCESS OF CHECKING WHOLE
FORM OF ACCOUNT THROUGH VOUCHERS AND BY DOCUMENTS.
IF ANY SUGG. THEN TELL ME ON 9756128974
STUDENT OF B.COM
| Is This Answer Correct ? | 6 Yes | 14 No |
Answer / riaz
An Auditing Is a type Standerdise method of calculating the
accounts and the basics an auditing helps us to find the
profit and loss in the repective accounts and it is process
were vouchers are filed and we can know the balances
| Is This Answer Correct ? | 12 Yes | 21 No |
What is non statutory audit?
Why do you choose Auditing ?
why you want be a qs
what will be the entry in tally if some one make a will to some one from his bank?
what is the difference you can make by doing your course in the country of your choice
audit papers
Tell me that how I can evaluate the internal control audit?
What is your Strenth and waekness & why
1 Answers Aloha Technology, Deloitte,
wether OT is included in gross salary or not?
what is bank audit and what type of document is used in bank audit
2 Answers IOCL, State Bank Of India SBI,
what is your achivements while conducting articleship during your training period in chartered accountancy course
1 Answers Price Waterhouse Coopers,
Expand---------SRPM
Audit 
