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What is the most recent legislation in India concerned with the preparation and auditing of accounts.?
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What are similarities between accounting and auditing?
The similarities between auditing and accounting is that both are concerned with keeping records of a business. The other similarity is that both ensure that the correct financial statement of a business are prepared.
How do you define and explain auditing?
Auditing is done to see if a taxpayer has been doing some false accounting. And the tax man has gotten a clue that the taxpayer is not paying all of the taxes required. You don't want the taxman after you. They will rape you of all of your money.
What are the big 4 accounting firms in South Africa?
PWC Deloitte KPMG EnR
What are the dibrugarh university Bcom 5th semester principle of marketing syllabus?
business communication II, business economics, cost accounting, auditing, company law and small business management.
Who counts the votes for the Oscars?
Votes are certified by the auditing firm PricewaterhouseCoopers (and its predecessor Price Waterhouse).
What are the procedures for auditing accounts receivable?
dont kno
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.
Bank examiners are?
Bank examiners typically have the job of auditing accounts for accuracy.
When was the sas 70 auditing standard introduced in the us?
The Statement on Auditing Standards No. 70, or SAS 70, was introduced in the United States in April 1992. SAS 70 is concerned with the internal auditing controls of service organizations.
What are trading accounts used for?
Trading accounts are used by businesses to manage their financial affairs and to keep the money all accountable and traceable. The use of them means that auditing accounts is easy.
Why need auditing?
it verifies the accounts at the end of a financial year, conducted by an independent qualified accountant
What are the Three analytical procedures commonly used when auditing accounts in the inventory and warehousing cycle?
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For what educational initiative is the Institute of Internal Auditors credited?
the International Standards for the Professional Practice of Internal Auditing were approved. Awareness of the importance of university preparation for the profession motivated a pilot program in internal auditing
What has the author Laura Grace Hunter written?
Laura Grace Hunter has written: 'Suggestions for improving the language of audit reports' -- subject(s): Auditing, Preparation of Reports, Reports, Preparation of
What are similarities between accounting and auditing?
The similarities between auditing and accounting is that both are concerned with keeping records of a business. The other similarity is that both ensure that the correct financial statement of a business are prepared.
What is the different between accouting and auditing?
Accounting means recording the day to day transactions into books of account, whereas auditing means verification or checking the accounts already recorded and certifying if they are prompt and correct.
What has the author L I Bulgakova written?
L. I. Bulgakova has written: 'Audit v Rossii' -- subject(s): Auditing, Law and legislation
