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Is audit necessary for all companies?
Audit is not necessary for all companies, in some countries the small companies are exempt from audit.
Why do some companies require an information security audit?
Companies require an information security audit to ensure the security is adequate. Also, the audit allows the company to decide if money is being spent properly on security.
What are the functions of an audit department?
to audit the books of a company and the companies employees who do the books, usually accounting related
What are the functions of Audit department?
to audit the books of a company and the companies employees who do the books, usually accounting related
How to do audit of insurance company?
What kind of audit are you talking about. Audit's are done all the time on insurance companies. The Department of Insurance audits insurance companies to make sure they have paid claims that they should and not pay claims that they shouldn't. Auditing and accounting firms audit the finances of insurance companies as most of them are publicly traded companies so the SEC also has to approve of their finances. Insurance companies are audited every year and all the time.
Who is nazeer ahmad?
He is Director General Audit Sindh (Auditor General of Pakistan Department)
Are non profit companies exempt from unemployement tax?
No
Are CPAs who do not audit public companies under the jurisdiction of the SEC and the PCAOB?
CPAs who do not audit the financial statements of publicly listed companies do not fall under the jurisdiction of the SEC and the PCAOB.
What are the audit procedure of company?
The procedure adopted by the companies in Pakistan is the standard one which is practice in most of the countries. 1. ticking 2. casting 3. calling over 4. voutering 5. final report After using these steps we can do an audit of the company if you are satisfied with my ans do let me know and also if you are not...(waqasalikhan@live.com)
Who might likely to have carried out a green audit?
The government and companies
Who might be likely to have carried out a green audit?
The government and companies
What is the difference between tax audit and statutory audit?
Audit under any statute in a Country(State) is called statutory audit & Audit under any taxation law is called tax audit. For example books of accounts are audited under the Companies Act, 1956 (Statutory Audit) and Financial Statements of companies are prepared as per the provisions of this Act. Books are also audited under the Income Tax Act, 1961 and the income arrived at as per the provisions of this Act is taxed (Tax Audit).
