plz tell me what is the rules of audit
how we audit the a/cs book.
Answers were Sorted based on User's Feedback
Answer / dilip
auditing is the process of finding mistakes in the books of
a/cs. In order to find out these mistakes we simply find out
the accuracy of the entries. i mean searching of the
followings: is there any foundamental mistake in the entry,
any employee intentionally did wrong posting
Any employee did mistakes without no intense?
Is This Answer Correct ? | 16 Yes | 5 No |
Answer / g.vasudevan
It is true that finding a mistake in entries is Called
AUDITING.It may be Fundamental,may or may not
Intentionaly.Vasu.G.
Is This Answer Correct ? | 11 Yes | 3 No |
Answer / sandeep
Auditing is never be the finding the mistakes in the books
of accounts,
Its a systematic process of checking the accuracy of the
books of accounts, as per the accounting and audit rules.
The final result be, we find the errors or mistakes,
but in the definition its not to be added the word "finding
mistake."
Audit will be conducted by the Certified Accountants, as on
the particular date as mentioned..
Statutory audit should be completed before 30th September.
Is This Answer Correct ? | 6 Yes | 1 No |
Answer / amit
For good auditor u required good command on Accounting
standards and Standard On Auditing. Auditing is not only the
process of finding any type of mistake/s u have to justify
the same how the treatment is right or wrong.
Is This Answer Correct ? | 4 Yes | 0 No |
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