Auditing, Biology

Assignment Help:

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.


Related Discussions:- Auditing

What do you mean by syconoid sponge., What do you mean by Syconoid sponge. ...

What do you mean by Syconoid sponge. Of different sponge architectures, this is intermediate in its complexity. Spongocoel is no longer lined with choanocytes, now located in r

Pcr, What is pcr?

What is pcr?

Calculate the ph - microbial survival and growth, Calculate the pH - microb...

Calculate the pH - microbial survival and growth? Presence of microorganisms also depends on the pH of the medium. Most bacteria grow optimally near neutral pH (optimum 6.5 - 7

Increase in the divcat conductance of neuron b, Consider Neuron B in the fr...

Consider Neuron B in the frog central nervous system whose plasma membrane has a previously unknown channel that is selectively conductive to a newly discovered divalent cation nam

Foot-and-mouth disease - viral disease, F o o t - a n d - m o u ...

F o o t - a n d - m o u t h disease Foot-and-mouth disease (FMD) is an extremely contagious viral disease of cloven footed animals most notably cattle, pig and she

Explain arterial switch operation surgery, Explain Arterial Switch Operatio...

Explain Arterial Switch Operation Surgery? This is the operation of choice for simple transposition of the great arteries as it ensures anatomical correction. The approach is t

What are the amylase inhibitors, What are the Amylase Inhibitors? Inhib...

What are the Amylase Inhibitors? Inhibitors of the enzyme a-amylase are found in wheat, rye, beans, mango, legumes, potatoes, sorghum (jowar) and oats. Most amylase inhibitors

Is phenoxyethanol harmful?, Phenoxyethanol is dangerous and can be absorbed...

Phenoxyethanol is dangerous and can be absorbed through the skin - official sites for toxicity data, though, show little toxicity in man and some toxicity (irritation) with high do

Zoonoses disease-poxvirus zoonoses, Poxvirus zoonoses Naturally occurring ...

Poxvirus zoonoses Naturally occurring poxvirus infections affect humans and many species of animals and insects. However, for most part, poxviruses other than variola cause self-l

Female gametophyte, Female Gametophyte The development of a female gam...

Female Gametophyte The development of a female gametophyte is initiated with the enlargement of one of the megaspores (usually the one close to the chalaza in a linear tetrad)

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd