Answer / saurabh

Well it depends on the type of audit.
like Statutory audit
Statutory audit is done to make a opinion whether the
financial statements given my managment are providing true
and fair view.

Answer / lxmi1972

Unless the Financial statements are audited, te share
holders can not be assured of the accuracy ,quality of the
information,data and hence they will not be able to decide
about the company if they wish to invest in the
company.Hence professional verification and validation of
data, system,quality,control,check will have to be in place
and he is the one who is so called "Auditor" and "Audit" is
a mandatory for every Limited Companies.

How to apply for articleship in big 4

1 Answers   Deloitte,

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A company charity (gross income <?250k) wishes to take advantage of the audit exemption regime. However, there is an audit provision in the company's Articles. Should they be required to change the Articles?

0 Answers   eClerx, Supreme Court,

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1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.

0 Answers   CA,

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what was ur role in team?

2 Answers   Air Force, Bharti,

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how will u check the account receivables and cash balances while doing audit

3 Answers   Price Waterhouse Coopers,

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Explain tangible assets?

0 Answers  

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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

2 Answers   Shriram,

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how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)

0 Answers   Logistics, SnapDeal,

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is it necessary that provisions made during the month should be exact or accurate,

1 Answers  

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Alpha Co. issued to the public for subscription 40000 shares of rs 10 each at discount of 10%payable as rs. 2 each on application, allotment and first call and rs.3 on the final call. Applications were received for 60000 shares and allotment was made pro-rata to 80% of applicants. R to whom 2000 shares were allotted paid only the application money, and S who had applied for 3000 shares,paid the entire call money due along with the allotment. pass journal entries to record the above transaction.

0 Answers  

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what is the key factor while making cash & fund flow statement?

1 Answers  

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What is the meaning of XBRL??

2 Answers   BRS, KPMG,

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