answersLogoWhite

0

An honorary audit refers to a type of audit conducted without charging a fee, often performed by volunteers or professionals who offer their expertise as a service to a non-profit organization or community group. This type of audit can help enhance transparency and accountability in financial reporting, particularly for organizations that may not have the resources to afford a paid audit. Honorary audits can also foster goodwill and support for the organization while providing valuable insights for improvement.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

Which of these two is the right spelling for the word honorary or honourary?

Honorary is the correct spelling.Some example questions are:I have an honorary medal.He was an honorary student at the university.


How do you answer the following in a job interview - honorary?

honorary


When was The Honorary Consul created?

The Honorary Consul was created in 1973.


3 general types of quality audits?

3rd Party Audit - Independent Audit 2nd Party Audit- Customer Audit 1st Party Audit- Internal Audit


How do you use honorary in a sentence?

some universities give out honorary degreesHe is an honorary general. (this is the only way I can think of right now)the council's honorary secretary.In our classroom we had an honorary guest named Bob visit us to see how well we work together.


How does an audit manager write up a letter to the audit partner?

How do I write a audit letter about concerns on an audit


What is the Difference between HR audit And Financial Audit?

Under HR Audit, audit of HR procedures and process is done while in financial audit, audit of finance related matters are done.


What is the plural of honorary?

'Honorary' is an adjective, adjectives don't have plural forms.


If you have an honorary degree can you use the Dr designation without a disclaimer?

Do not use Dr. before the names of those who hold honorary degrees only. References to honorary degrees must specify the degree was honorary.


Differences between audit plan and audit program?

difference between audit program audit & note book


Difference between audit plan and audit program?

an audit program may contain several audit plans


What is the process of preparing an audit?

The process of preparation for audit depends on the kind of audit to be performed, it's objective and scope. The scope of the audit is key to the planning process. The planning required or statutory audit is different from internal audit; it also differs from forensic audit?