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What is Audit Risk?

access_time 2023-05-09T04:37:02.094Z face Wasiur
What is Audit Risk? Audit risk is the risk that an auditor expresses an inappropriate audit opinion on financial statements that are materially misstated. It arises because the auditor gathers audit evidence on a sample basis and cannot examine every transaction or event. As such, audit risk compris...
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Types of Audit

access_time 2023-05-08T04:28:19.1Z face Wasiur
Types of Audit Auditing is the process of examining and evaluating an organization's financial records, operations, and systems to ensure that they are accurate, reliable, and compliant with applicable laws and regulations. There are different types of audits that can be conducted depending on the s...
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How to control internal Audit

access_time 2023-05-06T05:20:45.728Z face Wasiur
How to control internal Audit? Internal audit is a crucial function in any organization as it helps in identifying risks, improving processes, and ensuring compliance with laws and regulations. To effectively control internal audits Here are some steps you can take: Define the scope of the internal ...
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How to work on Audit Report ?

access_time 2023-05-05T06:28:56.727Z face Wasiur
How to work on Audit Report? Audit report is a document that provides an opinion or conclusion about the financial statements of an organization. It is an important tool used by stakeholders to evaluate the financial health of an organization. Here are some steps that can help you work on an audit r...
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What is Audit?

access_time 2023-05-03T04:56:12.525Z face Wasiur
What is Audit? Audit is a systematic and independent examination of an organisation's economic statements, records, and operations, accomplished via an external or internal auditor to determine whether or not they are accurate and compliant with applicable legal guidelines, regulations, and accounti...
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