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 |
outstanding assests
1)how will you check the expenses?
if a person is transferred to other place he has not prepared any report regarding AUDIT and someone else is joined in his place and IF AUDIT IS CONDUCTED WHO WILL BE RESPONSIBLE FOR PENDING PREPORT
what are procedure we need to do at the time ACTO VISIT FOR AUDIT OF VAT .
1.How do you effectively solve Accounts problems 2. What was the most demanding / stressful situation that you have handled in your current capacity (Accountant):
what is a turn over ratio?
5 Answers SA Engineering, SSC,
under wchic head will Goodwill come
What is Assesment year, 2010 - 11 which year Assesment year ?
When is income from rented accommodation to be treated as investment income and when as trading income?
Do you think Auditing job is very boring ?
I purchase New DVD for Students, what can treat this expenditure is recurring or non recurring
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