Auditing, Biology

Definition of auditing

According to the International Standard on Auditing (ISA) No. 200 Objective and common Principles Governing an Audit of Financial Statements, the objective of financial statements of an audit is to permit the auditor to represents an opinion since the financial statements are prepared, in each material respects, in accordance with a well-known financial reporting framework.

The phrases required to presents the auditor's opinion are "provide a true and fair view" or else "present fairly, in each material respects," that are equivalent terms. The similar objective applies to an audit of other information or of financial prepared in accordance along with suitable criteria.

The Institute of Certified Public Accountants of the Kenya (ICPAK) identifies as the independent examination of opinion on of an expression, the financial statements of an enterprise through an appointed auditor in pursuance of such appointment and in the compliance along with any relevant statutory obligation.

Posted Date: 1/24/2013 6:47:26 AM | Location : United States







Related Discussions:- Auditing, Assignment Help, Ask Question on Auditing, Get Answer, Expert's Help, Auditing Discussions

Write discussion on Auditing
Your posts are moderated
Related Questions
A saline drip is to be prepared for a lab experiment that is looking at hydration in lab rats. Calculate the amount of NaCl need to make 4 liters of a 0.9% solution.

How Cereal and Bread important for Human -Nutritional Factor? Cereals form the staple of the Indian diet. These grains are the main source of energy in the Indian diet

(a) Explain the structure of a human sperm. (b) Give a schematic representation showing the events of Spermatogeninesis in human male.

In one year, a population size of 500 changed to 496. What is the per-capita rate of increase/decrease?

write a note on clonning

In the eukaryotes, the transmit RNA genes exist as multiple copies and are transcribed by RNA polymerase III or RNA Pol III. As in prokaryotes, various tRNAs may be transcribed tog

Q. Explain Radiology of the heart? More than a century after its introduction to clinical practice, the chest radiograph (CXR) remains an important diagnostic tool in the routi

How to Planning the Daily Diet for Underweight Patients? As mentioned above you need to add calories gradually to the diet. A practical way of doing so is to take the present i

In eukaryotes possibly the most rapid and complex signaling is mediated through nerve impulses.  The Nerve  cells  (neurons)  consist  of  a cell  body  with  numerous projections

Q. How sex occurs in bacteria? Occurrence of sex in bacteria was first described by Edward Tatum and Joshua Lederberg in 1946 (Nature, volume 158, page 558) who were studying m