can external audit be seen as
merely an overhead cost adding
no value to the orgnisation
Answer Posted / richa
no doubt its a overhead cost to the company, but its also
give value addition to the orrganisation when some qualified
chartered accountant give opinion that all financial
statements represent true and fair view there is no material
missatement. Stakeholder can rely on this opinion and make
investment in the company, so it give value addition.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What do you find the most challenging in Accpuntant role
Explain the difference between internal audit and external audit?
What do you mean by vouching?
Define vouching?
Whether Advance against property to be included in Loans & Advances while referring to section 185 & 186 of Companies Act, 2013?
How can i disable closing stock in trial balnce in tally?
Whats are the importance of evaluating an internal audit department?
How auditing is prepared?
THIS QUESTION IS RELATED TO PAY ROLLS IF ANY BODY HAS THE FORMULAES IN EXCEL ABOUT PAYROLLS CALUCULATIONS PLS HELP ME OUT
What to do after the audit?
accounting & audit system of film production enterprises
What are the different types of audits?
Explain the importance of internal audit to the organization?
what is audit & activities of auditor?
what supporting documents do we vouch to for sales, purchases, receivables, payables, sales cutoff, and liabilities cutoff?