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What is the importance of keeping minutes at meeting?

Keeping minutes during meetings is an important part of the whole meeting, through the minutes the discussion can form a legible pattern which can be understood by the attendees, also it helps in monitoring what has been discussed by the people during the meeting, also while preparing the final reports of the meeting, the minutes acts as bullet points for the whole meeting.


What is the difference between a qualified auditors reports and unqualified auditors reports?

A qualified auditor's report has been limited to certain aspects only. This means that other aspects of the report still have to be investigated. An unqualified auditor's report means that all aspects have been thoroughly checked. There are no discrepancies and the report is final.


Who is the auditor for British petroleum?

As of my last knowledge update in October 2023, the auditor for BP (British Petroleum) is Deloitte. Deloitte has been responsible for auditing BP's financial statements, ensuring compliance with accounting standards and regulations. However, it's important to check the latest reports or BP's official announcements for the most current information, as auditor engagements can change.


What is disclaimer audit opinion?

A disclaimer of opinion should be expressed when the possible effect of a limitation of scope is so material and pervasive that the auditor has not been able to obtain sufficient appropriate audit evidence and is unable to express an opinion on the financial stements.


How long does it take for a cash deposit to be available in a bank account?

Usually no more than a few minutes if you are doing at a bank branch through a teller. If you are depositing cash in an ATM machine it may take one or two business days

Related Questions

How do you spell actioned as in I have been actioned in the minutes of the meeting?

actioned


Indicate the statutory rights that enhance auditor independence?

The statutory rights of the auditor that enhance auditor independence are: · s. 310, which provides that the auditor has the right of access at all reasonable times to the accounting and other records and registers, and an entitlement to require from any officer of the company such information and explanations as required for the purpose of the audit. · s. 329, which provides that an auditor may only be removed from office by a resolution at a general meeting of shareholders of which special notice has been given and the auditor is entitled to make written representations to all shareholders at the company's expense, and to speak at the general meeting. · s. 331, which provides that the auditor is entitled to receive reasonable fees and expenses for the work carried out.


What is the importance of keeping minutes at meeting?

Keeping minutes during meetings is an important part of the whole meeting, through the minutes the discussion can form a legible pattern which can be understood by the attendees, also it helps in monitoring what has been discussed by the people during the meeting, also while preparing the final reports of the meeting, the minutes acts as bullet points for the whole meeting.


Do meeting minutes have to be signed?

Meeting minutes have to be signed by the chairperson and the secretary of the meeting. This is the legal way of authenticating the minutes after they have been read and confirmed by some of the members present.


What does carried mean in meeting minutes?

It usually means something was proposed, seconded and voted on in the meeting. If the majority of the vote was for whatever had been proposed - it's said to have been carried.


What is an auditor a watchdog or a bloodhound?

The company's internal auditor is a watchdog, making sure rules are being followed. An external auditor is a bloodhound looking for rules that have been broken.


What is the meaning of recorded in any meetings?

If you mean taking minutes in every meeting, it is for everyone to be aware of what has been decided and their responsibilities to carry out what has been decided in the meeting. Otherwise, you have people saying "I don't remember that"


Whats called a person facing Audit from Auditor?

A person facing an audit is called a pre-clear. This means that they have not been cleared yet by the auditor.


Has findlay industries been sold?

Based on the Hancock County Auditor website it has not been sold as of yet.


Should I say the meeting has or have been moved?

The meeting has been moved to next Wednesday. The meetings have been moved to Wednesdays.


Where does the word minutes as in meeting minutes come from?

Back in the old days when Parish Records were first recorded an agenda item would be discussed and when a decision had been made the clerk would be given one minute in which to write up the decision. At the end of the meeting the Minutes would be read and those present would agree to the minutes being "taken as read". In a minute you can write about thirty words. don't make a minute too long!


What is Qualified and unqualified auditor report?

At the end of audit engagement, an auditor can give hisÊopinion Êin the auditor's report as either qualified or unqualified. Unqualified report is one that the auditor is satisfied that the business Êor an organisationÊhas present fairly its affair in all material aspect. WhileÊa qualified Êreport oneÊwhich theÊauditor concludes Êthat most matter have been dealt with but not sufficiently.