types of audit
- 2 Answers
- 4975 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / inder monga
there r two types of audit.
1. internal audit
2. external audit
internal audit is a audit which is audited by the staff of company.
external audit is a specific audit which is done by the professional like C.A.
theses audit can be continuous audit,annual audit or interim audit
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / anchit saxena
there r three types of Audit- continuos Audit, Annual Audit
& Interim Audit
1- continuos audit- where an auditor or his staff attend at
regular or inrregular intervals during the period.
2- Annual Audit- which is carried out at the end of an
accounting period.
3- Interim Audit- an audit conducted between two annual
audit is called interim audit.
| Is This Answer Correct ? | 11 Yes | 5 No |
what is the tds rates for deduction by a private ltd. company with effect from 1st oct.09
secretarial audit
what is mat calculation ?
Can somebody explained IAS 11 construction contract in terms of general entries. and is there any possibility when WIP classified as non current assets.
What is Assesment year, 2010 - 11 which year Assesment year ?
Will it be fine if private Ltd Company do not follow depreciation rate as per The Companies Act,1956 & follow Depreciation Rates as per Income Tax. Also is it necessary to claim VAT Setoff on Asset Capitalised only after some percentage of retention.
What areas are your strengths and what areas would you like to develop
Expand---------PRSM
Do you know what are the reasons for getting audited?
Give an example of a time when you had to go out of your way to help someone ?
Define Materiality Concept
What is the motivation to join as an auditor @ Ernst and Young ?
Audit 
