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.
Audit Management: It is a systematic assessment of processes and policies of an organization's management in the administration and the utilization of resources, tactical & strategic planning, and employee and organizational enhancement.
Write down the techniques which are used throughout an audit?
Tell me that how we can calculate the internal control audit?
Briefly explain the term vouching ?
What are the difference between Business versus Govt. versus NGO revenue versus Professional revenue?
Write down the importance of Internal Audit?
Write down the different merits and demerits of internal audit?
The length of the writing / reportmust not exceed 1000 words. Words in Bibliography or Reference Lists section are not included in the word count. 3 marks will be given for the contents (sources and understanding of industry and able to link audit objectives with findings); 1 mark will be given ba
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
From the case description and the associated flowcharts, assess Bradmark’s internal controls over its expenditure cycle procedures.
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