Answer Posted / malebogo
it is how significant or important an item is in the
financial statement and the effect that item will have on
the financial statement should that particular item be
ommited.
| Is This Answer Correct ? | 4 Yes | 9 No |
Post New Answer View All Answers
What is vouching?
What is the role of internal audit?
Which books are helpful for practising accounting's most tricky sums?
Explain intangible assets?
Do you know what are the reasons for getting audited?
How auditing is prepared?
purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
Explain what are the different functions of internal audit?
Explain the purpose of meeting in audit?
How does the internal audit differ from an external audit?
What are the different advantages and disadvantages of internal audit?
How would you describe your management style
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?
what is the difference you can make by doing your course in the country of your choice
Why do you want to work in audit?