The difference between
interim audit and final
audit?
- 4 Answers
- 36750 Views
- I also Faced
- E-Mail Answers
Answer Posted / m umair qadri
interim audit is a type of audit which is performed before the year end the purpose is to make things clear relating to internal controls and other requirements of law that weather the company is following them or not.interim audit save time when the final audit is being conducted.
final audit is to, express an opinion on the truth and fairness of the financial statements.it involve substantive procedures and detailed audit of the accounts.
| Is This Answer Correct ? | 13 Yes | 4 No |
Post New Answer View All Answers
What are the reasons for getting audited?
Explain the basic principles of an internal audit controlsystem?
which of the following procedure would auditor lease likely perform in planning a financial statement audit?
Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.
What is vouching?
what is the reason for controls in an IS environment?
What is the mean of decommission liability?
What are the essential of internal audit?
Define vouching?
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
Why does a systems auditor need to use professional judgement when selecting audit procedures?
what is the difference you can make by doing your course in the country of your choice
How to involve people in audit?
What are objectives of internal audit?
What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?
