Answer Posted / barodianbuddy(acca)
"Audit is the process and Assurance is the product"
Audit is the process of testing client's financial reports (audit) in order to give our client the confidence that their report is what it seems to be (assurance).
The objective of audit is to give assurance that financial statements give true & fair view.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
What is an audit process?
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.
What is the mean of internal audit?
What is an internal audit?
How does an internal audit differ from an external audit?
How auditing is prepared?
What to do after the audit?
what is the difference you can make by doing your course in the country of your choice
What Is Social Audit?
How can scope of internal audit help you?
What is audit control procedure?
Explain the importance of internal audit to the organization?
What are the objectives of internal audit?
Whether interstate purchase of High speed diesel by mines at concessional rate is allowable ?
whta is the current SBAR? Please provide the past rates from 1st january 2011 to till date.
