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What are the principle tasks of the Audit Commission?
The audit commission should check the effective utilisation of publlic money for the public without any deviation and report to the higher authority.
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
How would you save against disadvantages of continuous Audit Compare between Continuous Audit and Periodical Audit?
How would you save against disadvantages of continuous Audit Compare between Continuous Audit and Periodical Audit?
Inherent limitation of audit?
y not you
Can the IRS garnish an income tax refund if money is owed from an audit?
Yes, the IRS can, and will, garnish an income tax refund if money is owed from an audit.
What are the limitation methods of controlling the supply of money?
No
What is disclaimer audit opinion?
A disclaimer of opinion should be expressed when the possible effect of a limitation of scope is so material and pervasive that the auditor has not been able to obtain sufficient appropriate audit evidence and is unable to express an opinion on the financial stements.
Where can I get advice on what to do during an IRS audit?
You can go to ehow.com and they help you to understand the process and what you can do during an audit. Not ever audit results in additional money needing to be paid so you should not stress.
What is audit strategy?
audit is nothing but a process in which the article gets screwed and the boss makes money......no facts are proven and no observations discussed
What is the statute of limitation for payroll tax return audit?
Generally, three years for the IRS. Six years in cases where there is a gross understatement. Unlimited on returns that are not filed.
Does a green energy business audit provide payback calculations?
An energy audit can save your business money both short term and long term. The audit report will show potential money wasting aspects now in place and provide calculations of money saving techniques with estimates of short and long term savings.
Is there a statute of limitation for collecting inheritance money in LA?
There is a statute of limitation of the person is aware that the money is there and is never collected. If the person who stands to inherit is unaware, it is the state is unable to keep that money until the person is informed.
What has the author Henry A Butt written?
Henry A. Butt has written: 'Value for money in the public sector' -- subject(s): Management audit, Management by objectives, Program budgeting, Public Finance
Outline the Consequences of a qualified audit report?
An audit report may have severe consequences. An IRS audit for example may cause a person to have to pay back money they received as an error in reporting income.
Why do some companies require an information security audit?
Companies require an information security audit to ensure the security is adequate. Also, the audit allows the company to decide if money is being spent properly on security.
