What is Auditing practices and methodology of firms?"
The security auditing is usually handled by the professional auditing firms. Such firms usually hire professional accountants and auditors to help them with the same.
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.
In the practicality, it is almost impossible to get the 100% perfect evidence. So, with the best judgement on the case and the situation, fairly enough evidence is used for audiging.
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its means to become fit.
Malafide intention means that the intention is not clear and you want to hide something in your interest.
Casting: It is essential that arithmetical accuracy be checked so that frauds or errors (if any) may be detected
J. Donald Warren has written: 'Handbook of Accounting and Auditing' 'Continuous auditing' -- subject(s): Auditing, Internal, Internal Auditing
Vivian R. V. Cooper has written: 'Manual of auditing' -- subject(s): Auditing 'Student's manual of auditing' -- subject(s): Auditing
auditing is a review process,usually of accounting procedures
What is Auditing practices and methodology of firms?"
Auditing begins where Accountancy ends.
Central Auditing Organization was created in 1942.
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The Auditing Standards Board (ASB) of the AICPA issued ten new auditing standards in 1988.
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