answersLogoWhite

0

What else can I help you with?

Continue Learning about Accounting

What is the function of the UK's Audit Commission?

The primary function of the UK's Audit Commission is to appoint auditors to a range of local public bodies in England, set the standards for auditors and oversee the work of auditors. This is a statutory corporation in the UK.


Who will audit the COA?

The Commission on Audit (COA) in the Philippines is audited by external auditors appointed by the government. Additionally, the COA itself conducts audits of various government agencies to ensure transparency and accountability. The audit process is overseen by the Commission on Audit’s own internal mechanisms, which include peer reviews and compliance checks. Ultimately, the results are reported to the President and Congress, ensuring public oversight.


What is an audit programme and when os compiled?

An audit programme is a structured plan that outlines the procedures and activities to be performed during an audit, detailing the scope, objectives, and specific tasks to be completed. It is compiled before the audit begins, during the planning phase, to ensure that all necessary areas are addressed and to facilitate a systematic approach to the audit process. The programme serves as a guide for auditors to follow, helping to ensure that the audit is thorough and compliant with relevant standards and regulations.


What is the purpose of audit time budget?

The purpose of an audit time budget is to allocate and manage the time resources required for completing an audit efficiently and effectively. It serves as a planning tool to estimate the time needed for various audit tasks, ensuring that the audit is completed within the designated timeframe and helps in monitoring progress. Additionally, it aids in identifying potential issues or bottlenecks early in the process, allowing for better resource management and improved overall audit quality.


Is income auditor and night auditor same?

Both are actually doing the same thing, depends on the size of the hotel. they divided the daily audit tasks into two parts, which are day and night. A night auditor or income auditor in a 500rooms hotel usually could do both day audit and also night audit since most of the income auditor must has night audit experience.

Related Questions

What are the principle tasks of the Audit Commission?

The audit commission should check the effective utilisation of publlic money for the public without any deviation and report to the higher authority.


What are the principles tasks of the audit commission?

The audit commission should check the effective utilisation of publlic money for the public without any deviation and report to the higher authority.


Commission on audit palawan office address?

what is the address of commission on audit in manila and who will be to contact for inqueries


What are the 3 constitutional commission?

civil service commission, commission on election, commission on audit


What are the three constitutional commission in the Philippine constitution?

The Commission on Audit, the Civil Service Commission, and the Commission on Elections.


What are the 3 independent constitution commissions?

civil service commission, commission on election, commission on audit


Who is the Chairman of the Audit Commission in the Philippines?

Maria Gracia M. Pulido Tan is the current Chairman of the Philippines Commission on Audit. The President of the Philippines appoints the Commissioners.


What is commission on audit in Filipino?

Kagawaran ng Pagsisiyasat.


What is the motto of Gambling Commission?

The motto of Gambling Commission is 'Keeping gambling fair and safe for all'.


What is the function of the UK's Audit Commission?

The primary function of the UK's Audit Commission is to appoint auditors to a range of local public bodies in England, set the standards for auditors and oversee the work of auditors. This is a statutory corporation in the UK.


How much is the salary of salary grade 21 Commission On Audit employee in the Philippines?

39,493


In what cases is a financial audit necessary?

If the company is publicly owned and must submit financial statements to the Securities and Exchange Commission (SEC), an annual financial audit is a basic requirement