Audit pptx

  • What are the types of audit in PPT?

    There are various types of Audit which are mentioned below: - Based on Organizational Structure Statutory Audit Non-Statutory Audit Based on Scope Complete Audit Partial Audit Based On Time Continuous Audit Final Audit Interim Audit Based on Object Special Audit Cost Audit Management Audit Internal Audit Social Audit Feb 5, 2023.

  • What is the purpose of the audit document?

    Objectives of Audit Documentation
    Audit documentation also facilitates the planning, performance, and supervision of the engagement, and is the basis for the review of the quality of the work because it provides the reviewer with written documentation of the evidence supporting the auditor's significant conclusions..

  • Let us discuss the above format of the audit report in detail.

    1#1 – Title.
    The title should mention – 'Independent Auditor's Report. 2#2 – Addressee. 3#3 – Introductory Paragraph. 4#4 – Management's Responsibility. 5#5 – Auditor's Responsibility. 6#6 – Opinion. 7#7 – Basis of the Opinion. 8#8 – Other Reporting Responsibility.
  • Audit Date means the date on which the Auditor issues its report in respect of the Scheme's balance sheet and income and expenditure account for the corresponding Accounting Period.
  • Internal audits have several objectives - monitoring regulatory compliance, ensuring the accuracy of financial records, verifying and protecting assets, uncovering operational risks, etc.
Feb 5, 2023There are various types of Audit which are mentioned below: - Based on Organizational Structure Statutory Audit Non-Statutory Audit Based on  ,Jan 26, 2017The person who was responsible for the examinations of accounts was known as the “auditor”.
The aim of such examination was to prevent  ,Sep 2, 2022AUDIT.pptx - Download as a PDF or view online for free.,Financial audit: Address questions of accounting, recording, and reporting of financial transactions.
Reviewing the adequacy of internal controls also falls  ,In the audit planning stage, audit evidence is the information that the auditor is to consider for the most effective and efficient audit approach.
For  ,In the conclusion and opinion formulation stage, audit evidence is information that the auditor is to consider whether the financial statements as a whole 

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