0
-it shows that the financial transaction of the company is true and fair and comply with (GAAP)
it attracts investors
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What are the advantages in having an audit committee?
the audit committee communicate with internal audit, external audit and CFO on behalf of the company.
What is the full form of lfar in bank audit?
Long Form Audit Report
Features of a good audit report?
A good audit report is usually detailed. It covers all the areas of a given company. It also points out some of the flaws in its report.
Sample of Tax Audit Report and how to write?
A tax audit report summarizes the results of an IRS tax audit. In order to writer an audit, you must thoroughly analyze an individual's tax records and write our their findings and suggested actions.
What are the advantages of statutory auditing?
advantages and disadvantages of non statutory audit
What are the advantages in having an audit committee?
the audit committee communicate with internal audit, external audit and CFO on behalf of the company.
How applied the audit procedure in PIA?
audit procedure we mean that those petren in which we prepare the audit report.
What are the advantages and disadvantages of an audit?
What are advantages of human resources auditing
What is the full form of lfar in bank audit?
Long Form Audit Report
How do you prepare an audit on negative report?
no answer
Features of a good audit report?
A good audit report is usually detailed. It covers all the areas of a given company. It also points out some of the flaws in its report.
Sample of Tax Audit Report and how to write?
A tax audit report summarizes the results of an IRS tax audit. In order to writer an audit, you must thoroughly analyze an individual's tax records and write our their findings and suggested actions.
What are the advantages of statutory auditing?
advantages and disadvantages of non statutory audit
What is qualified audit report?
Qualified audit report means that financial statement of business donot represent the true and fair activities of business
What is an unqualified report?
unqualified report is that Audit report in which Audit opinion specify that according to according to rules and regulation the firms financial statement portray true and fair view.
What is unqualified report?
unqualified report is that Audit report in which Audit opinion specify that according to according to rules and regulation the firms financial statement portray true and fair view.
What is unqualified audit report?
While the word 'unqualified' may seem to have a negative spin on it, it is actually the best type of audit report a company can receive. Once an audit is complete, the audit partner will produce a report the the owners if the company giving his/her opinion on the accounts. An unqualified report will say that there are no material misstatements and the accounts seem to be true and fair. If there are issues with the accounts that the auditor needs to bring to the attention if the company owners, he/she will produce a modified (qualified) audit report instead.
