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Audit of Holding Companies and Group Accounts
Authoritative documents are as:
The Companies Act necessitates that whether a company at its year finish has a subsidiary after that the directors of that company called a holding company are necessary to produce consolidated accounts or group accounts that show a fair and true view of the state of affairs and the conclusions of the company and its subsidiaries like far as they regarded the members of the holding company.
Describe How does the internal audit differ from an external audit? Ans) Internal audit nothing but the checking the product that you formed. External audit is checking you
Determinants of amount of audit evidence
Communication with Expert Whether the auditor intends to utilize the work of an expert then he must communicate along with the expert well in advance to confirm the terms of e
The function of internal audit is concerned with analysis of internal check. The internal audit can look into the duties of every employee. All employees are given jobs on the basi
information included in current file in auditing
You are auditing Pell grant provided to students at six state universities. The Pell grant program is a federal financial aid program for college students. The maximum grant a stud
Financial Institutions and Banks - Audit Situations Financial Institutions Because of the recent collapse of many financial institutions, this is still a heavily regu
what is the role of a joint auditor
Consultancy services
Fleet Bhd operates a chain of high street retail outlets selling clothing and household items. In 1995, this company was heading for a financial loss and was deemed to have lost st
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