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An external auditor as opposed to an internal auditor, means the person that is auditing a company is not employed by that company. A business will employ an auditing firm to assess it's business financials and practices, ensuring it is operating in a legal and ethical manner.
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The procedures for auditing salaries and wages include comparing how much each person makes with the amount of work they complete. Adjustments are made based on their overall performance and their benefit to the company.
A company chooses who their independent auditing firm will be.Any and all businesses, companies and organizations have the right to hire any auditing firm that they are going to pay to perform annual or special audits. (If a third party is mandating and paying for the audit due to an acquisition, merger, or a court order, then the third party will hire and pay an auditing firm of their choice.)The word independent means the auditing firm can not be related to the entity it is auditing. The auditing firm can not audit itself, a subsidiary of itself, a brother/sister organization, or its parent company.Also, there can not be any conflict of interest. An employee for the auditing firm can not be on the team who audits a business that employs one of his/her immediate family, partners, or an organization in which he/she or his/her immediate family or partners has a material financial interest in, or has any arrangements concerning prospective employment with.If all of the above hold true, you have an independent auditing firm.
critical examination of the standard oil company
by auditing of procedures , operation and results we can control a company
The cost may varies according to the company that provides the compliance auditing. Why don't you google it first and then compare it which are the best price for you
NO IT IS NOT , SINCE MARKETING IS TRADEOR THE PROCESS OF DISTRIBUTING THE PRODUCT EITHER WITHIN OR OUTSIDE COUNTRY AS AUDITING REFERS TO PERFORMANCE ACHIEVED BY A CERTAIN PRODUCT OR COMPANY AND AUDITING FEES A FEE CHARGE BY A FIRM WHO DID THE EXTERNAL OR INTERNAL AUDITS
Michael Ramos has written: 'The auditor's guide to understanding PCAOB auditing standard no. 2' -- subject(s): Accounting, Auditing, Corporate governance, Corporations, Public Company Accounting Oversight Board, Rules and practice, Standards 'Polvoron' -- subject(s): Fiction, Social life and customs, Tales
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An external auditor as opposed to an internal auditor, means the person that is auditing a company is not employed by that company. A business will employ an auditing firm to assess it's business financials and practices, ensuring it is operating in a legal and ethical manner.
Government Auditing is the systematic and professional examination of financial, administrative and other operations of a public entity, Government Company and/or a government program by Government Auditors.
Independence
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Statistics are used in auditing. Auditing a large company with millions of transactions would be impossible. So auditors pull a statistical sample to determine if accounting records are correct.
The procedures for auditing salaries and wages include comparing how much each person makes with the amount of work they complete. Adjustments are made based on their overall performance and their benefit to the company.