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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

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):

2 Answers  


Would you consider alternative vacancies if so which:

0 Answers  


Explain what are the different functions of internal audit?

0 Answers  


What was your most rewarding accomplishment of your career and why

0 Answers   Ricoh India,


i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details

0 Answers  


What sort of image do you have?

0 Answers   Ernst Young,


i have completed my b.com gradution i want to expert in audit and taxation for this which course should i do

1 Answers  


Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.

0 Answers  


How auditing is prepared?

0 Answers   Cian, TCS,


why you want be a qs

0 Answers  


What is procedure to calculate Fixed Deposit In Banks

2 Answers   ITC Infotech,


what do you mean acculmated depreciation?

14 Answers   Deloitte,


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