In one sentence, What is Auditing ?
Answers were Sorted based on User's Feedback
Answer / e.gayathri
it is examination of company's accounts whether is it
follow the principles or not.
Is This Answer Correct ? | 12 Yes | 2 No |
Answer / girish
Audit is the review of financial statements of an
organisation, irrespective of whether profit oriented or
not, if such examination is conducted inorder to give an
opinion thereon.
Is This Answer Correct ? | 11 Yes | 1 No |
Answer / ravindanath
independent examination of books of accounts of a company to express an opinion whether they are showing a true and fair view or not
Is This Answer Correct ? | 9 Yes | 0 No |
Answer / jyoti chauhan
regular checking of all documents, activities, accounts,
records and reports of all activities of comapny
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / manoj kumar pramanik
Audit is the review of financial statements of an
organisation, irrespective of whether profit oriented or
not, if such examination is conducted inorder to give an
opinion thereon and to be rectification.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / arjun chauhan
An audit an indipendent examination of finanacial information of any entity, Whether profit orianted or not,and and irrespective of its size or legal form,when such examination is conducted with a view to expressing opinion thereon.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vimal
Systematic, independent and documented process for obtaining
audit evidence and evaluating it objectively to determine
the extent to which audit criteria are fulfilled is auditing.
Is This Answer Correct ? | 0 Yes | 1 No |
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