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A report by an auditor with out favoring anyone or taking sides

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11y ago
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11y ago

Fairly report with out favor

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Q: What does fairly present in audit report mean?
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How applied the audit procedure in PIA?

audit procedure we mean that those petren in which we prepare the audit report.


What does reliability mean in terms of audit evidence Give an Example?

It's the ability of an auditor to give a comprehensive, logical and convincing audit report. A good example of where reliability applies is in cases where there is change in files and backup files are unavailable.


What do you mean by system audit?

System audit is a process of checking and illustrating a system.


What is sales audit trial?

I assume you mean "audit trail". An audit trail is any system set up to check who did what, and when.


How do audit committees use internal control to gain more understanding?

This question is a bit vague. If you mean how do they execute their responsibilities internally, they request company financial records from those in control of them, and audit them for compliance with federal regulations. They then have a mandate to report their findings to an external auditor.


What is the difference between tradition audit and system audit?

I'm surmising that you mean traditional audit and system audit and will continue based on this. A traditional audit generally ensures that you are meeting the standards of some sort of guidelines, whether that be generally accepted accounting principals or an income tax act. Basically, that you have met your responsibilities to report any obligations correctly. A systems audit is something that ensure that your accounting systems, or computer systems are doing what they are supposed to be doing. Are the purchase orders being initialled by the correct person, or are the edit checks in your cheque generation system picking up where there is no invoice to trigger a payment.


What is the difference between traditional audit and system audit?

I'm surmising that you mean traditional audit and system audit and will continue based on this. A traditional audit generally ensures that you are meeting the standards of some sort of guidelines, whether that be generally accepted accounting principals or an income tax act. Basically, that you have met your responsibilities to report any obligations correctly. A systems audit is something that ensure that your accounting systems, or computer systems are doing what they are supposed to be doing. Are the purchase orders being initialled by the correct person, or are the edit checks in your cheque generation system picking up where there is no invoice to trigger a payment.


What does spokesperson role mean?

Someone who is taking on a spokesperson role is speaking for a group. If you were in a class where you had to do a report and you volunteered to present the report to the class... you would be taking on a spokesperson role, or acting as the spokesperson.


What does MLC mean as it pertains to an audit?

Management Letter Comment


Is fairly an adverb or adjective?

It is an adverb. It can mean "in a fair manner" (He was treated fairly). It can mean "somewhat" (He does his job fairly well).


What does it mean to audit a class?

You take the class without earning credit.


What does mean to Audit a class?

You take the class without earning credit.