What are the reasons for getting audited?

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venkat

  • Jun 1st, 2007
 


Auditing is a tool for take out our mistakes in accounting write& finalisation. It will take our standards& proof in accounts

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Sanjoy

  • Oct 9th, 2007
 


Auditing is a Statutory as well as "Third-Eye" review/examination of the periodic financial statements of an entity with special emphasis to truth & fairness of the statements under review.

It is requested by Audit commitee or the Companys; shareholders.
The main objective of modern Audit is to help the MGMT to acheive its various objectives by bringing a systimatic approaches and evaluating the risks.

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pawan

  • Aug 11th, 2012
 

to ascertain or present the true and fair view of financial statement with regulatory legal compliance

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