What is Internal Audit?

access_time 2023-05-04T04:46:27.185Z face Wasiur
What is Internal Audit? Internal auditors typically work closely with management to identify areas of risk and provide recommendations for improvement. They use a risk-based approach to determine the areas of the organization that need to be audited and develop audit plans that are tailored to the o...

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...

What is Statutory Audit?

access_time 2023-04-29T03:55:02.443Z face Wasiur
What is Statutory Audit? Statutory inspection, also known as an external inspection, is an independent examination by a licensed and good adjudicator or auditing establishment to insure that the fiscal statements give a true and fair view of fiscal performance and the state of the company The statut...

What is Real life Audit?

access_time 2023-04-28T04:58:26.591Z face Wasiur
What is Real life Audit? Statutory Audit is a fairly commanded inspection of an association's fiscal statements and records. The idea of a statutory inspection is to ensure that an association's fiscal statements and account records directly represent its fiscal position, performance, and cash overf...

How to practices statutory audit

access_time 2023-04-27T04:57:32.258Z face Wasiur
How to practices statutory audit Statutory audit is a type of external audit that is mandated by law to ensure that a company's financial statements are accurate and reliable. It is usually carried out by a qualified and independent auditor who is appointed by the shareholders or the company's board...