How the efficiency of accounts personal can be assessed?
What should the Internal Auditor do where his independence is being interfered with?
Which is the effective way of carrying out a stock check and usage at a lodge?
Latest Answer: Check maintain stock register and valuation of stock ...
What is Minimum Alternative Tax (MAT)?
What is the purpose of audit committe inside a firm & its role with external auditors?
Latest Answer: Audit committee, a part of the Corporate Governance, which is consists of 3 non executive members of a company and this committee is necessary for public listed company, audit committee review the internal control system of a company and they also make ...
How can you link between materiality and audit report?
Latest Answer: There is an direct relationship between materiality and audit report, higher the materiality of an items the higher would be the audit risk which directly impact on the auditors report, keeping in view the materiality of an items they auditor has to show ...
Explain different types of audit, its nature, advantages and disavantages.
Latest Answer: There are following types of audit Statutory Audit Nonstatutory Audit External Audit Internal audit Final Audit social audit performance Audit ...
Who Audit the Audit Firms?
A company purchases two laptop computers for a total price of $4200. They charge a company credit card and ship the laptops to the company without charging NC Sales and Use Tax of 6.75%. How would you
What do you mean tax audit? Which component is important for make this VAT audit?
Latest Answer: Tax Audit is audit done under Section 44AB of income tax act.Audit of financial statements considering tax laws ...
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