0
The nature of auditing is such that, the auditor will later on appear in his capacity as a critic of book-keepers work,may have a great morale effect and thus prevent a cashier or book-keeper from embezzling money.This morale effect has prevented theft in many cases and is a more powerful point in favour of auditing.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
An auditor maintains no direct financial interest in the company he or she is auditing what is the principle being followed is?
Independence
Who is responsible for setting auditing standards for audits of publicly-traded companies?
PCOAB Public Company Accounting Oversight Board
What is concept of circularization in auditing?
circularization of debtorsAccountingauditors' approach to debtors to identify assetsthe sending of letters by a company's auditors to debtors in order to verify the existence and extent of the company's assets
What is Auditing practices and methodology of firms?
What is Auditing practices and methodology of firms?"
What Security auditing is handled by?
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.
How do you control a company?
by auditing of procedures , operation and results we can control a company
What is the cost of compliance auditing for retail company?
The cost may varies according to the company that provides the compliance auditing. Why don't you google it first and then compare it which are the best price for you
What color pen should used by an external auditor in a company while auditing?
red
What does an external auditor do?
An external auditor as opposed to an internal auditor, means the person that is auditing a company is not employed by that company. A business will employ an auditing firm to assess it's business financials and practices, ensuring it is operating in a legal and ethical manner.
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.
An auditor maintains no direct financial interest in the company he or she is auditing what is the principle being followed is?
Independence
What color pen should used by an internal auditor in a company while auditing?
green colour
When was The Nature Company created?
The Nature Company was created in 1972.
When did The Nature Company end?
The Nature Company ended in 1996.
How can you use statics in accounting?
Statistics are used in auditing. Auditing a large company with millions of transactions would be impossible. So auditors pull a statistical sample to determine if accounting records are correct.
What is the Difference Between Financial and Operational Auditing?
harnessing energy,improving industry,air pollution,changing values,modestication of nature
How can you describe the nature of your company?
describes the company nature of business and its function in market
