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
Utilization of Soy Protein Concentrate Soy protein concentrates are used in food products forĀ  their nutritional characteristics or for their functional properties or for both.

Embryology This is the study of growth, fertilization, division or differential of the zygote into embryo of early development of living beings before the attainment of structure

You measure the stability of your favourite protein kinase and find that half of the protein is degraded every 10 minutes. How might you test whether the protein is degraded throug

Amantadine Treatment with oral amantadine or rimantadine begun within 48 hours after the onset of illness decreases the duration of fever and symptoms by about 1 day. Whether t

Please consider the phenomenon of bacterial resistance to antibiotics. How did the combination of human advances and basic evolutionary principles lead to this situation? How is it

Cell theory is a theory that asserts that the cell is the ingredient unit of the living beings. Before the discovery of the cell, it was not examined that the living beings were

Concerning the maintenance of body temperature how do beings of the class Reptilia classify? Like fishes and amphibians, beings of the class Reptilia are heterothermic animals

The fundamental contractile unit is the sarcomere. Each muscle cell apart from the nucleus, mitochondria and other structures contains parallel fibrils. Sarcomere is a subunit of t

Define respiration in animals

Q. How are the epithelial tissues classified? The epithelial tissues are classified according to the shape of the cells that form it epithelial cells may be columnar, cuboidal,