Business

Difference between Accounting and Auditing Accounting is the recording, classifying summarizing of economic events in a logical manner for the purpose of providing financial information…

Vouching is the Heart of Auditing Vouching is a technical term which refers to the inspection by the auditor of documentary evidence supporting and substantiating…

Vouching is the act of checking evidential documents to find out errors and frauds to know the authenticity, accuracy, and reliability of books of accounts.…

Attestation services provided by CA firms Attest Services occur when a practitioner is engaged to issue or does issue a report on subject matter or…

There are significant differences in the methods, objectives, and parties responsible for the accounting process by which the financial statements are prepared and audit of…

Various kinds of threats the auditors may face in case of auditing the financial statements. An Auditor is a person or a firm appointed by…

Non-attested Services provided by CA firms Non-attested services occur when a practitioner does not engage to issue or does issue a report as a subject…

Assurance is a type of professional service usually provided by CPAs. CPA firms offer much more than simple accounting services. A certified public accounting, or…

Attest Services occur when a practitioner is engaged to issue or does issue a report on subject matter or an assertion about subject matter that…

Auditing in Depth Auditing is a systematic process of objectively obtaining and evaluating evidence assertions about economic actions and events to ascertain of correspondence between…