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What are the differences between government auditing and commercial auditing?
Government auditing focuses on ensuring accountability and compliance with laws and regulations in the public sector, emphasizing transparency and the proper use of taxpayer funds. In contrast, commercial auditing primarily aims to verify the accuracy of financial statements and assess the financial health of private enterprises, often focusing on profitability and compliance with accounting standards. Additionally, government audits may involve performance evaluations of programs and efficiency assessments, while commercial audits typically concentrate on financial performance and risk assessment.
What is meant by auditing?
auditing is a review process,usually of accounting procedures
How auditing begins where accounting ends?
Auditing begins where Accountancy ends.
List several differences btwn accounting and auditing?
simply stated; accounting is recording, whereas, auditing is verifying the recorded information
What is the difference between financial accounting and auditing?
Says, Bisworanjan Nayak. Lets start with the objective The objective of financial accounting is to prepare accounts, trial balance, financial statements etc The objective of auditing is to express an opinion thereon Auditing starts where accounting ends Auditing is the big brother of accounting Accounting involves more numbers Auditing involves checking these numbers However, more math is involved in accounting Accounting is concerned with details like transactions, account balances etc Auditing gives usually cursory view on accounts Accounting is a routine function Auditing gives an opinion on this function Accounts requires less specialized skills Auditing requires more specilised skills Accounting is usually less remunerative to an individual Auding is usually more remunerative to an individual I think this should help you to understand the job role of an accountant vis-a-vis auditor. In conclusion, Auditing is more interesting, challenging, dynamic, remunerative than accounting in general.
What is government auditing?
Government audit is process of auditing of government organization's account by government auditors. Government auditing is carried out to assess the performance of public accountability by government entities.
What are different types of accounting jobs?
There is management accoungint, pucblic accounting, government accounting, and internal auditing. You should become faamiliar with all four but try to speacilize in one.
What is the definition of government auditing?
Government Auditing is the systematic and professional examination of financial, administrative and other operations of a public entity, Government Company and/or a government program by Government Auditors.
When was International Journal of Government Auditing created?
International Journal of Government Auditing was created in 1971.
Who is the Minister in Charge of Auditing Government Depts. for Chad?
Mahamat Bechir Okormi is the Minister in Charge of Auditing Government Depts. for Chad.
What has the author Lars Breie written?
Lars Breie has written: 'The auditing and control of government accounts in Norway' -- subject- s -: Accounting, Public Finance
What has the author B P Mathur written?
B. P. Mathur has written: 'Public enterprises in perspective' -- subject(s): Auditing, Finance, Government business enterprises 'Government accountability and public audit' -- subject(s): Accounting, Auditing, Executive departments, Government accountability, India, India. Comptroller and Auditor-General, Public Finance, Standards
What has the author Asit K Sarkar written?
Asit K. Sarkar has written: 'The accountability of mixed corporations' -- subject(s): Accounting, Corporations, Government, Finance, Public, Government Corporations, Government business enterprises, Legislative auditing, Privatization, Public Finance
What has the author Carlos Santiso written?
Carlos Santiso has written: 'The political economy of government auditing' -- subject(s): Accounting, Finance, Public, Law and legislation
What is a comptroller general?
The Comptroller General is in charge of the General Accounting Office (GAO). The GAO aids Congress in all auditing and budgeting matters for the Federal Government..
What is meant by auditing?
auditing is a review process,usually of accounting procedures
How auditing begins where accounting ends?
Auditing begins where Accountancy ends.
