DEFINITION, ADVANTAGES AND DISADVANTAGES OF AN AUDIT IN FINANCE

Feb 3rd, 2012
Studypool Tutor
University of Oxford
Course: finance and management
Price: $10 USD

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Auditing is defined as a systematic and independent examination of data, statements, records, operations and performances (financial or otherwise) of an enterprise for a stated purpose. In any auditing the auditor perceives and recognizes the propositions before him/her for examination, collects evidence, evaluates the same and on this basis formulates his/her judgment which is communicated through his/her audit report

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