What is internal and statutory Audit and what are the roles
of auditor.
Answer Posted / srikanta
internal auditor r those who verify those matters as per
requirement of client.he checks 100%.he reports to the
management.
external auditor r those who verify those matters which r
reqd to report on true & fair view of financial
statements.he may do sample checking. he reports to the
owners of org.
| Is This Answer Correct ? | 9 Yes | 2 No |
Post New Answer View All Answers
what percent of wages calculate from sales of a firm (registered under manufacturing of machinery spares) sales (appr)- RS.10000000/-
What are the reasons for getting audited?
What are documents need to vouch while doing sales vauching?
which of the following procedure would auditor lease likely perform in planning a financial statement audit?
What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?
What is the mean of statutory audit?
Explain different functions of internal audit?
What are the basic principles of an internal audit controlsystem?
What is the role of internal audit?
What was your most rewarding accomplishment of your career and why
i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details
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.
Explain tangible assets?
Explain the different advantages and disadvantages of internal audit?
What is vouching?