Internal Audit, Elements, Statutory Requirement, Scope, Objectives, Types
by Internal audit refers to an independent and objective evaluation of a company’s financial and operational …
Tag: Business Regulatory Framework
Divisible Profit and Dividend
Divisible profit refers to the portion of a company’s profit that is available for distribution …
Investigation in auditing
Investigation in auditing refers to the process of examining financial or other business activities to …
Verification of Assets & Liabilities
Verification of assets and liabilities is the process of confirming the existence, ownership, and valuation …
Vouching, Process, Objective, Types, Importance, pros and Cons
Vouching is a fundamental auditing technique used to test the accuracy and completeness of an …
Audit Procedure, Procedures, Types, Pros and Cons
Auditing is the independent examination and evaluation of an organization’s financial statements, systems, processes, and …
Audit Programme, Components, Objectives, Contents, Types, Pros and Cons, Example
An audit program is a set of procedures and instructions developed by the auditor to …
Auditing Techniques
Auditing is the independent examination and evaluation of an organization’s financial statements, systems, processes, and …
Auditing, Auditor, Origin and Evolution of Auditing, Nature, Objectives, Essentials, Scope, Economic Benefit, Pros and Cons
Auditing refers to the process of examining and verifying financial and operational records and activities …
Important Differences between Routine checking and Test checking
Routine checking Routine checking is a type of audit procedure that involves the regular examination …