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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 gaap for accounting for audit fees you intend to record the estimated current year audit fees to the provision for audit fee account your CPA states you cannot accure until service is rendered?
You are booking a known expense.
3 general types of quality audits?
3rd Party Audit - Independent Audit 2nd Party Audit- Customer Audit 1st Party Audit- Internal 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.
Differences between audit plan and audit program?
difference between audit program audit & note book
What excel formula do I use to show if a audit is expired or in date or there is no audit date on file?
=IF(G17="","No Audit on File",(IF(G17>TODAY(),"Valid","Expired"))) Works!!
What are the current impact of globalization forces to the audit profession?
what are impact of current forces of globalization to the audit profession
What is audit files?
audit files contain information relating primarily to the audit of a current period.
What is the difference between permanent audit files and current audit files?
Permanent audit files contain information that is relevant over multiple audit periods, such as the client's foundational documents, policies, and long-term contracts. In contrast, current audit files include information specific to the current audit period, such as working papers, financial statements, and evidence gathered for that year. Essentially, permanent files provide a historical context, while current files focus on the present audit.
What is the contest audit file have to do with winning pch sweepstakes?
The contest audit file is a crucial component in ensuring the integrity of the Publishers Clearing House (PCH) sweepstakes. It contains detailed records of the entries, winners, and the selection process, which helps verify that the drawing is conducted fairly and randomly. While the audit file itself doesn’t influence winning, it serves to maintain transparency and trust in the sweepstakes, reassuring participants that the process is legitimate. Ultimately, winning is based on luck and random selection rather than the audit file.
What is a surveillance audit?
A survelliance audit is a process where current procedures are checked and verified against the company's quality management system.
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 gaap for accounting for audit fees you intend to record the estimated current year audit fees to the provision for audit fee account your CPA states you cannot accure until service is rendered?
You are booking a known expense.
Do you get audited when you file your taxes?
Yes, the IRS can audit you at any time within 5 years after filing.
Is audit required?
A Partnership firm is not required to file audited financial statements with the Ministry of Corporate Affairs each year. Therefore, audit of financial statements is not required. However, tax audit may be required for a Partnership firm if the turnover exceeds prescribed limits.
How long do you have to file tax return?
Forever. If you don't file (April 15 due date), then you are perpetually open to audit/assesment for that period and your return is always required.
What is use of previous year file in auditing?
In auditing, the previous year file serves as a critical reference tool that helps auditors understand the context and history of the client's financial statements. It provides insights into prior year adjustments, significant transactions, and areas of concern that may require closer examination in the current audit. Additionally, it aids in assessing the consistency of accounting policies and identifying trends over time. Overall, it enhances the efficiency and effectiveness of the audit process.
