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In this context, auditing means listening. If you audit a course you are there to hear what the lecturer is saying, but not to take the tests or be formally certified as being trained in that subject.

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12y ago

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Who chooses the independent auditing firm?

A company chooses who their independent auditing firm will be.Any and all businesses, companies and organizations have the right to hire any auditing firm that they are going to pay to perform annual or special audits. (If a third party is mandating and paying for the audit due to an acquisition, merger, or a court order, then the third party will hire and pay an auditing firm of their choice.)The word independent means the auditing firm can not be related to the entity it is auditing. The auditing firm can not audit itself, a subsidiary of itself, a brother/sister organization, or its parent company.Also, there can not be any conflict of interest. An employee for the auditing firm can not be on the team who audits a business that employs one of his/her immediate family, partners, or an organization in which he/she or his/her immediate family or partners has a material financial interest in, or has any arrangements concerning prospective employment with.If all of the above hold true, you have an independent auditing firm.


What is another word for the word payment received?

Paid.


What are the differences between accounting and auditing?

AnswerThe word audit has two meanings. The first is the security audit, whereby a consulting firm comes in and validates a companies security profile. This is similar to how accounting firms review a company's books. The second term is infosec specific, and means an "auditing" subsystem that monitors actions within the system. For example, it may keep a record of everyone who logs onto a system. Such a record is known as an audit trail.


What is Corrective tax?

another word for pgovian tax.


What do levies do?

They remove money from you, (it is another word for taxes).