Audit Procedures and Techniques: Audit Procedures means the way of doing Audit, the techniques which use during the audit. Audit Procedures The Audit Procedures is operated by the following procedures. 1. Record’s Examination: This Audit procedure is commonly used by the auditors. The inspection of books and documents is made to verify the validity of data. […]
What is Audit Scope
Audit Scope mean boundaries of Audit In-other words we can also say that the audit scope means the circle in which the auditor audit the company and maintain relevant information needed for auditing. Audit Scope: Scope of Audit can explain with the following points. Scope of Audit: 1. Legal Requirement: […]
Difference Between Accountant and Auditor
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. […]