Auditing, Biology

Assignment Help:

Definition of auditing

According to the International Standard on Auditing (ISA) No. 200 Objective and common Principles Governing an Audit of Financial Statements, the objective of financial statements of an audit is to permit the auditor to represents an opinion since the financial statements are prepared, in each material respects, in accordance with a well-known financial reporting framework.

The phrases required to presents the auditor's opinion are "provide a true and fair view" or else "present fairly, in each material respects," that are equivalent terms. The similar objective applies to an audit of other information or of financial prepared in accordance along with suitable criteria.

The Institute of Certified Public Accountants of the Kenya (ICPAK) identifies as the independent examination of opinion on of an expression, the financial statements of an enterprise through an appointed auditor in pursuance of such appointment and in the compliance along with any relevant statutory obligation.


Related Discussions:- Auditing

Describe the physiology of atrial septal defect, Describe the Physiology of...

Describe the Physiology of atrial septal defect? In ASD the magnitude of left to right shunt is determined by the size of the defect and the relative compliance of the right ve

Explain medical nutrition therapy, Medical Nutrition Therapy Medical Nu...

Medical Nutrition Therapy Medical Nutrition Therapy  (MNT) is defined as  the  assessment of  the  nutritional status of  a client  followed  by  nutrition  therapy ranging Pon

Major classes into which the phylum is divided, Q What are the major classe...

Q What are the major classes into which the phylum is divided? What are the few examples of each and in which form (polyp or medusae) are they found? Coelenterates are divided

Digestive system, describe the effects of the failure of the pancreas to pr...

describe the effects of the failure of the pancreas to produce sufficient insulin

Describe about coronary reactive hyperemia, Q. Describe about coronary reac...

Q. Describe about coronary reactive hyperemia? Myocardium depends almost completely on aerobic metabolism. Occlusion of a coronary artery even briefly produces an increase in c

Determine about the term - heterogeneous mixture, Determine about the term ...

Determine about the term - heterogeneous mixture The solid phase made up of soil and other source material for nutrients, is a heterogeneous mixture. Each nutrient source contr

Determine the basic seven food groups - nutritions, Determine the Basic Sev...

Determine the Basic Seven Food Groups - Nutritions? These basic seven food groups are: 1) Cereals and cereal products 2) Pulses (also meat and meat products) 3) Milk and m

What is class gastropoda in animal kingdom, What is Class Gastropoda in ani...

What is Class Gastropoda in animal kingdom? Snails and slugs are referred to as gastropods because of their characteristic body plan. "Gastro" is derived from the Greek word fo

Community, COMMUNITY If you look around yourself you will notice that pop...

COMMUNITY If you look around yourself you will notice that populations of plants and animals seldom occur by themselves. The reason for this is quite obvious. In order to survive

Explain the axonal terminal portion, What is an example of a situation in w...

What is an example of a situation in which the neuron cell body is located in a part of the body and its axonal terminal portion is in another distant part of the body? Why does th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd