0
Accounting means recording the day to day transactions into books of account, whereas auditing means verification or checking the accounts already recorded and certifying if they are prompt and correct.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the main difference between Public Sector Auditing and Private Sector Auditing?
public sector audit is different from private sector audit
What does accountancy mean?
Accountancy can be divided into 3 subcategories, Tax, Accounting, and Auditing. Accouting-related jobs are professional jobs. Something that is indispensable in today's society. It even our daily lives! e.g. how you handle all the invoices and receipts.
What are the different types of errors in auditing?
Different types of errors in auditing include human error, and an individual having sole responsibility rather than having assistance.
What are similarities between accounting and auditing?
The similarities between auditing and accounting is that both are concerned with keeping records of a business. The other similarity is that both ensure that the correct financial statement of a business are prepared.
The difference between accounting policies and accounting bases?
The difference between accounting and auditing?"
Difference between tally and financial accouting?
1 u push a pencil up your anul other u rape gays
What is the difference between Audit and Monitoring and Evaluation?
what is difference between auditing, monitoring, controlling and evaluation
What are the differences between accountancy and auditng?
Accountancy is creatiing figures - auditing is checking them
What is the primary purpse of accouting?
what is the primary purpose of accounting
Why is accouting a science?
Because it's quantifiable and reproducible.
What is the different between consulting and assurance services provided by internal auditing?
Assurance services verify validity while consulting services make recommendations.
What is detail tie-in?
A Test in auditing that test the articulation of the same number in different parts of the report.
