Auditing is necessary for any person who is a position of managing finance and companies. This is to help to ensure that there is good use and management of available funds.
Yes, voicing is considered the backbone of an audit. This is because the auditor needs to check and verify all information to make sure everything is accurate.
A resource audit is the process by which employees ensures that the business or a project has all the resources it needs to complete work. Done correctly, resource audits improve efficiency.
What is a social audit?A social audit is the process through which all details of a public scheme are scrutinised by its beneficiaries. A social audit seeks to evaluate how well public resources are being used to meet the real needs of target beneficiaries. The Social Audit Guide is available for download. Further information can be obtained fromhttp://www.tisa.or.ke/website/what-is-a-social-audit.html
what is the differences between IS Audit and traditional Audit?
3rd Party Audit - Independent Audit 2nd Party Audit- Customer Audit 1st Party Audit- Internal Audit
How do I write a audit letter about concerns on an audit
Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.
difference between audit program audit & note book
between financial audit and cost audit
an audit program may contain several audit plans
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.
Computer technology has proven to be very helpful for basic and advance accounting needs. During an internal audit, Data on Excel sheets is used to tally figures, and look for any discrepancy.