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What is the role of an auditor in terms of the financial statement?
External Auditor has the role to materially evaluate the financial statements and provide his opinion that 'Does financial statements reflects true and fair activities of business' or not. ...
Who is the present Controller and auditor general of India?
Shashi Kant Sharma, as of July 2014, is the Comptroller and Auditor General of India. Prior to this role, he was Defense Secretary of India. ...
What types of jobs will lead auditor training get me?
Lead auditor is a great way to develop a job as an auditor. This auditor training is a great way to become a auditor for energy that is being used by a company or individual. ...
Asked in South Africa
What are the role players on public finance management in South Africa?
auditor general, legislature. public proctetor and executive authority
Why an auditor should not prepare the financial statement and then express an opinion Also the standards to which this relates?
The auditor is the person who assesses whether the financial statement has been prepared accordingly or not. Firstly it is not the role of the auditor to prepare the financial statement as the auditor has to form an independent opinion. Secondly, it would be part of internal control and corporate governance activities for the preparation of the financial statement and the audit to be conducted be two separate parties to eliminate error or fraud. ...
When does the need arise for an auditor to be a principal auditor and what factors determine whether an auditor can be a principal auditor?
He is responsible for the quality paramiters and other things like opening of the call, reason of the call body of the call that all things which are related to quality. ...
What is the concern of the auditor after complete the audithow to overcome this concern?
An auditor can be concerned about quality or numbers not adding up. When an auditor has a concern it is your job to make sure you eliminate the problem. ...