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what is audit & activities of auditor?
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Answer / nishant gupta
audit is independent examination of financial statements
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / bharat
Audit means an independent examinations of financial
statement prepared at every year end by an person appointed
by the members of the company to carry out functions of
auditing books of accounts of the company.
Activities of auditor means
Activities carried out by auditor in order to conduct audit
of an company by employing various audit procedure &
techniques.
| Is This Answer Correct ? | 4 Yes | 1 No |
Audit refers to examination of books of Accounts with
objective to get ensure that whether entries in books of
accounts are correctly done, Balance on financial Statement
are in agreement with book of accounts balance, all
relevant accounting standards and relevant applicable law
were followed in preparation of financial statement and
finally give opinion that whether financial statement
refelect true and fair view of enterprises.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / selva
audit is viewing psychoanalytic each and every financial
translation of the company with leniently.and examination of
financial statements, prepared at every end of the year.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / shrikant
audit is independent examination of financial
statements.prepared at every year end by an Auditor
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / sarfaraz shaikh
Audit meance give state to about all economic tansaction
done by orgainzation as per low to it's User.
Audit activities meance A who's auditor should be veryfy
& check out of all economic tansaction done by
orgainzation.And give stat about it's record as per
legality or not to it's user.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / banu
Audit will do the reconilation of all the account done by
accounts department
| Is This Answer Correct ? | 1 Yes | 3 No |
what is suspense capital a/c? when this type of account will be opened in the books of accounts?
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Audit evidence obtained directly by the auditor will not be reliable if: A) the auditor lacks the qualifications to evaluate the evidence. B) it is provided by the client's attorney. C) the client denies its veracity. D) it is impossible for the auditor to obtain additional corroboratory evidence.
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Audit 
