Audit

In re London and General Bank, Justice Lopes added: “An auditor is not bound to be a detective or approach his work with suspicion or…

Criticisms of Cost Audit The terms ‘cost Audit’ management audit and efficiency audit have been used synonymously by many auditors. It is performed by an…

The terms ‘cost Audit’ management audit and efficiency audit have been used synonymously by many auditors. It is performed by an independent, professionally qualified Cost…

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

The condition of issuing a Qualified Report An auditor’s report provides an opinion on the validity and reliability of a company’s financial statements. It an…

Cost audit is the Combination of two words cost and audit. The term ‘cost’ as an exchange price, a forgoing, a sacrifice made to secure…

Basic contents of the Standard Audit Reports The audit report is the auditor’s formal means of communicating to interested parties a conclusion about the audited…

Standards of Reporting Auditor’s report means the expression of auditor about the financial statement. The report of a certified auditor or auditors stating the accuracy…

Consideration of a Good Audit Report Auditing is a systematic process of objectively obtaining and evaluating evidence assertions about economic actions and events to ascertain…

The significance of Dating of Report The audit report is the auditor’s formal means of communicating to interested parties a conclusion about the audited financial…