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why we prepare our accounts of book and why do audit our
accounts of book
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Answer / pradeep
acount is a vehicle it gives information to the others like
external users eg: creditors, investorsetc.. and internal
users like managers , and employees.
know about profit and loss sa well as financial position of
a company
we prepare account the main purpose of tax
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / manojs
auditin is done to know whether proper books of accounts
are prepared. see if there is any misappropriations or mis
represntations or frauds is done. this is done by the
auditors
| Is This Answer Correct ? | 2 Yes | 0 No |
Who owns the general ledger?
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i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?
Audit 
