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How many types of Audit?
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Answer / saravanakumar
INTERNAL AUDIT
EXTERNAL AUDIT
STATUTORY AUDIT
TAX AUDIT
FINANCE AUDIT
| Is This Answer Correct ? | 78 Yes | 37 No |
Answer / zafar alam
There are seven types of AUDITS.
1)Financial Audits
2)Operational Audits
3)Departmental Audits
4)Information Systems Audits
5)Integrated Audits
6)Investigative Audits
7)Follow-up Audits
| Is This Answer Correct ? | 35 Yes | 9 No |
Answer / g.vasudevan
Generally 5 types of auditing are .But mainly there are two
in general uses.
| Is This Answer Correct ? | 27 Yes | 8 No |
Answer / shivesh kumar chaurasiya
INTERNAL AUDIT
EXTERNAL AUDIT
STATUTARY AUDIT
CONTINENTAL AUDIT
SPECIAL AUDIT
| Is This Answer Correct ? | 24 Yes | 7 No |
Answer / priyanka
1)statutory audit
2)internal audit
3)bank or concurrent audit
4)management audit
5)cost audit
| Is This Answer Correct ? | 22 Yes | 10 No |
Answer / g s kumar
Continuous Audit
Interim Audit
Final Audit
Partial Audit
| Is This Answer Correct ? | 27 Yes | 19 No |
Answer / sanjay lakhera
statuory audit
private audit
government audit
internal audit
these are according to business organization classification
according to practical classification
comlete audit
partially audit
continous audit
interim audit
management audit
cost audit
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / satheesh
1)Financial Statements Audit
2)Operational Audit
3)Comliance Audit
| Is This Answer Correct ? | 14 Yes | 9 No |
What is Cash Flow statement? How it can be prepared from Opening & Closing Trial Balance?
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State with reason which account should be debited and which account should be credited in each of the following transactions: 1. Raj commenced business with cash Rs. 5000 2. Bought goods from Kiran for cash Rs. 1000 3. Sold furniture to Ravi on credit Rs. 500 4. Sold goods for cash Rs. 800 5. cash purchases Rs. 600 6. Bought Stamps Rs. 10 7. Withdrew cash from the business for personal use Rs. 1000 8. Paid salary to manager Rs. 500 9. Paid rent to landlord Rs. 200 10. Received commission from Mani Rs. 50 11. Paid for repairing machinery Rs. 30 12. Received cash form Ravi on account Rs. 400 13. Gave loan to Babu Rs. 500 14. Purchased goods from Sachin Rs. 400 15. Opened a bank account with Rs. 1000 16. Charged Mohan Rs. 50 commission for service rendered to him 17. Santosh paid the interest on loan advanced to him 18. Received loan from Manju Rs.10000 19. Office furniture stolen Rs. 500 20. Paid income tax Rs. 5000 21. Paid life insurance premium Rs. 300 22. Allowed discount to Babu Rs. 90 23. Discount received from Santosh Rs. 150 24. Amount charged by bank as bank charges Rs. 30 25. Railway fright paid on machinery purchased Rs. 100
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Describe the steps of an audit ?
Audit 
