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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

how many years deduct the depreciation amount

4 Answers  


What is the meaning of XBRL??

2 Answers   BRS, KPMG,


What is difference between provisional and projected balance sheet of the company??

2 Answers   Genpact, TCS,


what will be the entry in tally if some one make a will to some one from his bank?

6 Answers  


I am a registered dealer under tnvat act 2006. I do not have CST number. But, i purchase imported liquor from new delhi. shall i get c form for reduced rate of CST?

3 Answers  


Is bank reconcilation necessary for any organization ? If yes, when should that performed ?

4 Answers  


How do you manipulate accounts?

0 Answers  


During the time of Audit which matters will be kept in mind?

2 Answers  


what is your achivements while conducting articleship during your training period in chartered accountancy course

1 Answers   Price Waterhouse Coopers,


is excise duty is applicable to job work/ labour charges? how and why? what is the rate applicable for the same? and also for what type of job work it is applicable and not applicable?

2 Answers  


what should we do in case of a Partnership wen the Partners capital account has debit balance???

1 Answers  


what is the difference between cash discount and trade discount. what is the journal entry for purchase of 100000 giving (a) 5% trade discount (b) 5% cash discount.

20 Answers   TCS,


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