Explain briefly statutory audit
Explain briefly statutory audit?
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It is an obligatory audit prepared by a CA. Finance Audit performs by the CA to compliance the legal requirements of monitory matters.
Define Revenue in terms of Accountancy in brief?
Marketing Audit: One of the most fundamental parts of marketing planning process is marketing audit. It is conducted both at the beginning of the process and also in between the series of points during the implementation of plan. Both internal and ext
Write down the importance of internal audit to the organization?
Operational Audits: It is a review of how an organization's management and its operating events are functioning with respect to their efficacy and efficiency in meeting stated objectives. For illustration, a business might execute an operational audit
Case must be analyzed and reports run using ACL 9 desktop software (Education Edition). Screenprints of reports should be included and explained. All work must be cited.
Write down the different merits and demerits of internal audit?
Elucidate the difference between statutory audit and internal audit?
Write down the importance of Internal Audit?
Give a brief introduction of the term Internal Audit and also write down the Role of Internal Audit?
From the case description and the associated flowcharts, assess Bradmark’s internal controls over its expenditure cycle procedures.
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