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Commerce and Management Sciences World

Commerce, Financial Accounting, Human Resource Management,, Cost Accounting, Principles of Business

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What is Audit Working Papers

March 22, 2014 By Salman Qureshi Leave a Comment

Audit working papers /audit note book is the book which provide complete picture about the business matter. It is maintain by the audit clerk during the course of audit. Audit working papers are the property of the auditor. What is Audit Working Papers:         The clerk comes across through serve difficulties which he has to discus with […]

Filed Under: Auditing Tagged With: ACCA, audit, audit note book, audit working paper, audit working papers, auditing, auditing course, auditing notes, auditor, auditor theory and practice, B.com, BBA, bcom notes, Bs Com, CA, M.COM, MBA, MBS

What is Audit Engagement Letter

March 12, 2014 By Salman Qureshi Leave a Comment

Audit Engagement Letter is the letter which is sent by the auditor to his client (Business) for avoiding any misunderstanding in collection with the conduct of audit. What is Audit Engagement Letter:   Before the starting of audit of a business the auditor sent a letter to management for avoiding any misunderstanding in collection with […]

Filed Under: Auditing Tagged With: audit, audit course, audit engagement, audit engagement letter, audit training, auditing, auditing notes, auditor, bcom notes auditing, free audit, free auditing, free auditing course

Preparation Before Commencement of Audit

March 12, 2014 By Salman Qureshi Leave a Comment

Commencement of Audit         Commencement of audit  means that  when an organization is going to start final audit before commencement of audit the following instruction must be given by the auditor to his client. A list of book in use, list of employees, their duties and internal control should be provided to […]

Filed Under: Auditing Tagged With: audit, audit course, audit training, auditing, auditing notes, auditor, Commencement of Audit, Commencement of new Audit, free audit, free auditing, free auditing course, new audit, start audit

What are the 3 Types of Audits

March 11, 2014 By Salman Qureshi Leave a Comment

Types of Audits : There are many types of Audits but here we will discuss the basic three audit types are as follow: 1.   Final Audit 2.   Interim Audit 3.   Continuous Audit Types of Audits methodology will discuss one by one. 1.   Final Audit:         It is a types of Audits also known as periodic audit or complete […]

Filed Under: Auditing Tagged With: audit, audit course, audit training, auditing, auditing notes, auditor, B.com, BBA, Bs Com, contiunuous audit, final audit, free auditing course, interim audit, kinds of audit, MBA, types of audit

Difference Between Accountant and Auditor

March 10, 2014 By Salman Qureshi Leave a Comment

Difference between Accountant and Auditor:  Accountant:          An accountant is a person who has knowledge of accounting and maintains the books of accounts of a company; he may or may not be a chartered accountant. An accountant is an employee receives salaries for his work. Auditor:          Is a person who must be a chartered accountant. […]

Filed Under: Auditing Tagged With: accountant, Accountant vs Auditor, accounting, accounting coach, accounting explained, auditing, auditing notes, auditor, Difference between accountant and auditor, free accounting certificate, free accounting course, free auditing, free auditing course

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Salman Qureshi is Researcher & passionate Blogger, he loves to write on Commerce & Management Sciences subjects to assist students, Hope you guys will like his effort.




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