Audit of group accounts, Auditing

Audit of Group Accounts

The main problems can be split into three sections in this area as:

1. The audit of the holding company confirming and obtaining information concerning subsidiaries

2. Examination consolidation working papers as well as

3. Replacing reliance on the work of another auditors

The audits of the accounts of a holding company follow the same lines as any company audit. Nonetheless, consideration specially has to be provided to the dealings along with and presentation of investments in subsidiary companies.

Posted Date: 1/28/2013 4:52:01 AM | Location : United States

Related Discussions:- Audit of group accounts, Assignment Help, Ask Question on Audit of group accounts, Get Answer, Expert's Help, Audit of group accounts Discussions

Write discussion on Audit of group accounts
Your posts are moderated
Related Questions
Pending Litigation - Audit Process Since of the inherent uncertainty, in calculating the outcome of legal actions so this is an especially difficult area for the auditor. Seve

#quInternal Audit checklist for fixed assetsestion..

YvesLaurent has just been put in charge of the BeautyNatural Inc. audit.BeautyNatural is a small, but growing retail chain of natural cosmetics stores. BeautyNatural needs to borro

INDEPENDENT AUDITORS' REPORT Board of Directors Los Angeles County Fair Association Pomona, California We have audited the accompanying consolidated statements of financial posi

(a) In order to draw reasonable conclusions, an auditor is required to identify and use audit procedures to gather audit evidence. You are required to identify and explain, five

As a senior in a professional services firm, you have been assigned to plan the financial statement audit of a private company named Toy Local Corporation (TLC). In addition, the p

You are auditing XYZ company for the year ended 12/31/2012 and will be expressing an opinion on their financial statements as of that date. You completed your field work on 1/21/13


IAS 40 Investment Properties - Audit Evidence Typical audit evidence might include: Physical verification of the situation and location of the investment property and c