Necessity of accountant, Auditing

Necessity of Accountant

The accountant is not necessary

  1. To expand his enquiries beyond the information enclosed in the relevant documents as supplemented through such explanations and information as he may receive from the lawyer.
  2. To enquire into stocks shares another documents or securities of title held through the lawyer on behalf of clients.
  3. To consider if the books of accounts of the lawyer were appropriately written up in accordance along with the rules at any another time than at that his examination took place.
Posted Date: 1/28/2013 4:43:06 AM | Location : United States







Related Discussions:- Necessity of accountant, Assignment Help, Ask Question on Necessity of accountant, Get Answer, Expert's Help, Necessity of accountant Discussions

Write discussion on Necessity of accountant
Your posts are moderated
Related Questions
Advocates - Specialized audit Situation The statutory provisions regulating the handling of client's monies are covered in the advocate's act. Reason of the rules:

Fraud and Error ISA 240: the Auditor’s duty to Consider Fraud and Error defines that whenever planning and performing audit procedures, computing and reporting outcomes thereby

Completeness of Liabilities In distortion, the directors tend to involve non-existent assets or keep out liabilities. Hence whereas along with assets we are especially concern


The Tonka Manufacturing Company conducts its annual physical inventory at the end of the calendar year as a result of the auditor's assessment of non-operating internal controls in

Conformity and Conservatism - External Auditor Report Conformity Although the user of the accounts expects the accounts to conform to general accepted accounting princi

Key Audit Areas - Building Society 1. The auditor must examine the process for checking deeds on receipt from the lawyers to ensure such they are complete in accordance along

(i) Overview of the audit process (a) Identify the key steps in this framework/ concept. (b) Briefly explain each of the key steps, in your own words. (ii) Framework of cr

Tangible Non Current Assets The verification approach is fundamentally similar in each of these.  Extensive disclosure is utilized in most countries and IAS 16 Property Equipm

Accounting Treatment Prescribed by IAS 38 IAS 38 prescribes the accounting treatment about to intangible assets, except: a) Intangible assets which are under the scope of a