what is audit

Answer Posted / vishnu

an audit is the independent examination of financial
information of an entity,whether profit oriented or not,and
irrespective of its size or legal form,when such an
examination is conducted to express an opinion thereon.

Is This Answer Correct ?    139 Yes 20 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the PRPOER way of accounting salaries ETF EPF

2284


Explain intangible assets?

764


Whats are the importance of evaluating an internal audit department?

683


Audit strategy based

2035


1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.

2812






Discuss the factors to be considered by the auditor in order to determine an audit strategy.

2230


HOW TO DO LEDGER SCRUTINY?

2451


what is the difference you can make by doing your course in the country of your choice

1738


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.

1640


can external audit be seen as merely an overhead cost adding no value to the orgnisation

2675


How would you describe your management style

1820


What are the objectives of internal audit?

746


What is statutory audit?

681


How can i disable closing stock in trial balnce in tally?

2243


What are the basic principles of an internal audit controlsystem?

706