What is a cost audit?

access_time 2023-05-15T04:25:37.067Z face Wasiur
What is a cost audit? A cost audit is a systematic and independent exam of a corporation's fee accounting facts and practices to decide whether or not they may be accurate, whole, and in compliance with relevant legal guidelines, guidelines, and industry standards. The primary goal of a cost audit i...

What is tax audit?

access_time 2023-05-13T04:48:49.988Z face Wasiur
What is a tax audit? A tax audit is an exam of a character or commercial enterprise's tax returns and economic records through a tax authority, along with the Internal Revenue Service (IRS) in the United States or the Canada Revenue Agency (CRA) in Canada. The cause of a tax audit is to ensure that ...

What is auditing in accounting?

access_time 2023-05-12T04:40:10.084Z face Wasiur
What is auditing in accounting? Auditing in accounting refers back to the procedure of inspecting and comparing economic statements, records, and other files of an organization to determine whether they are correct and comply with relevant accounting principles, laws, and guidelines. Auditing plays ...

What is stock audit?

access_time 2023-05-11T04:45:03.413Z face Wasiur
What is a stock audit? Stock audit refers back to the procedure of verifying the bodily life, amount, and circumstance of inventory gadgets held by means of a organisation. The purpose of a inventory audit is to make sure that a corporation's inventory information appropriately replicate the real in...

What is Audit

access_time 2023-05-10T05:09:11.179Z face Wasiur
What is Audit An audit is an independent, objective examination of financial statements, records, operations, or systems of an organization or individual, conducted by a qualified professional such as an auditor or accountant. The purpose of an audit is to provide reasonable assurance to stakeholder...