--%>
Assignment Help - homework help

Techniques of audit

Write down the techniques which are used throughout an audit?

E

Expert

Verified

i) Professional at every time. Stay away from being judgmental.

ii) Follow secure procedures, clean room procedures, and all further need procedures.

iii) Elucidate the reason of the audit to the auditees.

iv) Answer queries or discuss compliance problems brought to your concentration by auditees.

v) Be flexible - if you find a potential difficulty not in the scope of the audit - appraise the potential risks of the difficulty if left unaddressed.

vi) Promote honesty with the auditees.

   Related Questions in Auditing

  • Q : Importance of Internal Audit Write down

    Write down the importance of Internal Audit?

    		•
  • Q : Auditing Hi would you be able to finish

    Hi would you be able to finish this assignment before sunday 11 pm My chosen company is NORFOLK GROUP PTY LTD

    		•
  • Q : Portfolio manager uses a T-bond futures

    1. A portfolio manager uses a T-bond futures contract to hedge a bond portfolio over the next 4 months. The portfolio is worth $75 million and will have duration of 5 years in four months. The futures price is 118 and each contract is for $200,000. There are three bon

    		•
  • Q : Whats come after audit What to do after

    What to do after the audit?

    		•
  • Q : What is an Auditing Auditing : Auditing

    Auditing: Auditing is the systematic procedure of objectively obtaining and estimating evidence regarding assertions concerning economic actions and actions to ascertain the degree of correspondence among those assertions and established criteria and

    		•
  • Q : In audit how to involve people In audit

    In audit how to involve people?

    		•
  • Q : Explain Audit Controls Audit Controls :

    Audit Controls: The common definition of an audit is a valuation of a person, association, system, procedure, enterprise, product or project. The word most generally refers to audits in accounting, internal auditing, and government auditing, however a

    		•
  • Q : Principles of an internal audit control

    Write down the essential principles of an internal audit control system?

    		•
  • Q : Audit committee A subgroup of the board

      A subgroup of the board of directors composed of directors who are independent of an organization and not employed by organization. The committee acts on behalf of the full board and all stockholders to check on management actions and it has responsibility for the soundness of the

    		•
  • Q : Marketing audit for banking industry

    Marketing audit for banking industry will be developed based upon following features: A) It will help and support the top management in identification and management of risks. B) It will help in evaluating th

    		•