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Role of Accountant
The Accountant's Role
Every year a lawyer who such handles client's money is used to created to the Law Society of US a report through a qualified accountant such he has complied along with the rules in the advocate's act. This report is needed once every year, although, a complete audit is not needed nor is there a requirement for the preparation of the loss and profit account or balance sheet. For the reason of giving his report the accountant must:
1. Ascertain from the lawyer specifically of all bank accounts operated or kept through the lawyer in connection along with his practice.
2. Examine the book remaining system in every office of the lawyer to see such the system complies along with the following requirements as:
Matters of Audit Process Another matter to be covered as: 1. Accounting policies: these should be uniform all over the group and should be properly disclosed. 2. Consoli
The most effective means for an AUDITOR to confirm his understanding how internal control over financial reporting is designed and operates to test and evaluate its effectiveness.
hi, im a preformer and i want to know should i be myself duing an audition or should i act proper ans sweet like everyone els
Responsibilities of the Auditor The Auditor has no duty for the prevention and recognition of fraud and error though the annual audit might act as a restraint. As explained
IFRS 5 Non-Current Assets IFRS 5 Non-Current Assets Held for Discontinued and Sale Operations The Discontinuing Operation is a component of an enterprise: (a) Such the
How to involve people in audit? Ans) Use audits as opportunities to train others. Ask for a volunteer (who is not an auditor) to walk by the audit process with you as an assista
Attempts to define True and Fair It must be concluded that there has been slight attempt precisely to define fair and true. The Companies Act needs an auditor to report in
Assessment item 2 Case Study and Report Due date: 19-08-2016 Length: 2000 words Task Question 1 (5%) Case: Battersby and Associates Chartered Accountants is a successful mid-t
should your test for unrecorded liabilities be affected by the fact that a letter is obtained in which a responsible management official certifies that to the test of his knowledge
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
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