what is statutaru audit??
Answers were Sorted based on User's Feedback
Answer / ca sreedhar
Audit of an enterprise according to the Statute under which
such enterprise is registered. For Ex all the limited
companies incorporated under the Companies must have an
audit which is Statutory audit. Similarly Banking Companies
as per Banking Regulations Act, the audit shall be
conducted then such audit is statutory audit. Hence audit
of enterprise under which such an enterprise is registered
is Statutory audit.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / koteswararao
Statutory Auditing means Auditing conducted completely with
Legal acts, and it is accounting police No:1 (Disclosure of
accounts polices).
| Is This Answer Correct ? | 0 Yes | 5 No |
Every firms has audit firms to audit their accounts but who will audit an auditing firm?
WHAT IS THE USE OF RATIO ANALYSIS
20 Answers HBL Power Systems, Satyam,
if accountant miss the journal entry of outstanding expenses. since its is a error of omission it cannot affect the Trial Balance how we auditor find it out.
What is the purpose of meeting in audit?
Do you know what are the reasons for getting audited?
Expand---------BRP
why did u lost ur lost job?
1 Answers Genpact, MTS, XL Dynamics,
WHAT IS GL RECONCILIATION? WHAT YOU DO IN GL RECONCILIATION?
what do you mean by documentation
When is income from rented accommodation to be treated as investment income and when as trading income?
A company charity (gross income <?250k) wishes to take advantage of the audit exemption regime. However, there is an audit provision in the company's Articles. Should they be required to change the Articles?
0 Answers eClerx, Supreme Court,
How to caculate assets?