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In one sentence, What is Auditing ?

Answers were Sorted based on User's Feedback



In one sentence, What is Auditing ?..

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

In one sentence, What is Auditing ?..

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

In one sentence, What is Auditing ?..

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

In one sentence, What is Auditing ?..

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

In one sentence, What is Auditing ?..

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

In one sentence, What is Auditing ?..

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

In one sentence, What is Auditing ?..

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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More Audit Interview Questions

outstanding assests

2 Answers  


1)how will you check the expenses?

12 Answers   Airtel, Pantaloon,


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

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what are procedure we need to do at the time ACTO VISIT FOR AUDIT OF VAT .

0 Answers   Essar,


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what is a turn over ratio?

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under wchic head will Goodwill come

3 Answers  


What is Assesment year, 2010 - 11 which year Assesment year ?

4 Answers  


When is income from rented accommodation to be treated as investment income and when as trading income?

2 Answers  


Do you think Auditing job is very boring ?

3 Answers   Ernst Young,


I purchase New DVD for Students, what can treat this expenditure is recurring or non recurring

1 Answers  


Expand---------SRPM

1 Answers  


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