Different from vouching, What is meant by verification and

Different from vouching

Reference no: EM13257302

Q. 1 What is meant by verification and how it is different from vouching? What is the importance of verification in audit?

Q. 2 Explain the methods to verify the various types of tangible and intangible assets.

Q. 3 How should an auditor verify the share capital, reserves and various types of liabilities?

Q. 4 What is the professional qualification required to be an auditor of a public limited company? What are the rights and duties of an auditor?

Q. 5 What are the various purposes for which an auditor's report may be required? Explain the various types of annual audit reports given by the external auditors.

Reference no: EM13257302

Questions Cloud

Calculate the power loss in the lines : A pair of power transmission lines each have a 0.800 ? resistance and carry 694 A over 9.14 km. If the rms input voltage is 38.1 kV. Calculate the power loss in the lines

Compute the cost to produce one football helmet : Total the dollar amounts in each of the columns. (b) Compute the cost to produce one football helmet.

What if the information is about a particular person : The Internet provides many ethical issues and questions that don?'t even occur to many users. For example, if you get an interesting or funny e-mail, do you have any responsibility to see if it is true before you forward.

Create schedule of expected collections from customers : Create the schedule of expected collections from customers for match. Prepare a schedle of expected payments for direct materialsfor match.

Different from vouching : What is meant by verification and how it is different from vouching? What is the importance of verification in audit? Explain the methods to verify the various types of tangible and intangible assets.

Compute the degrees of unsaturation in a compound : Calculate the degrees of unsaturation in a compound with the molecular formula C3H6 and draw two possible structures, including hydrogen atoms, for the formula.

Detrmine the linear density of the string : A wooden cylinder of length 2.0m and cross section 78cm^2 is suspended in vertical positionwith a string of length 2.5m. Find the linear density of the string

What is marias dividend income : The text book says that Maria owns 100% of stock with adjusted basis of $52,000 she recieves a cash distribution of $250,000 from the company when its earnings and profits are $100,000. What is Maria's dividend income?

What are the underlying pathophysiological changes : Osteoarthritis Hypertension Diabetes mellitus, type 2 Enlarged prostate Peripheral vascular disease Glaucoma Intermittent claudication Lumbar spinal stenosis Open sore on great toe For your first post this week, select one of his current health co..

User Account

All Pages