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

Locate the position of the submerged implants, Locate the position of the s...

Locate the position of the submerged implants. It can be located by the following means: - correlating the radiographs with intraoral position - on slight palpation of  soft

State the term - molybdenum, State the term - Molybdenum   Molybdenum i...

State the term - Molybdenum   Molybdenum is intimately related to nitrogen metabolism of plants. It is part of the nitrate reductase system which helps to utilise nitrate for n

What is active transport--secretion, What is Active Transport--Secretion ...

What is Active Transport--Secretion This method is now a well accepted process of aqueous formation. The rate of aqueous humour formation depends on the rate of active solute

Ciliates, how the structure of ciliates facilitates their parasitism

how the structure of ciliates facilitates their parasitism

Food-borne zoonoses, Food-borne zoonoses Food-borne illnesses are seri...

Food-borne zoonoses Food-borne illnesses are serious public health problem. They are associated with the ingestion of contaminated foods by microorganisms and their toxins, ma

Reptiles - regeneration in vertebrates, Reptiles - Regeneration in Vertebra...

Reptiles - Regeneration in Vertebrates Among reptiles, the lizards like the Gecko Hemidactylus flaviviridis and Anolis carolinensis can again generate their tail, following au

What is knot tying, What is Knot tying Once the suture is satisfactoril...

What is Knot tying Once the suture is satisfactorily placed, it must be secured with a knot. The instrument tie is used most commonly in cutaneous surgery. The square knot is t

Disorder of platelets - purpura, Disorder of Platelets - Purpura Purpu...

Disorder of Platelets - Purpura Purpuras  are bleeding disorders characterised by petechiae  and ecchymosis which may be due to deficiency in either,  the number or quality of

What are the four types of weak bonds, What are the four types of weak bond...

What are the four types of weak bonds, and how do they differ from each other and from covalent bonds?

What do you mean by osteichthyes and condrichthyes, Q. From which features ...

Q. From which features do osteichthyes and condrichthyes get these names? "Chondros" means cartilage, "ictis" means fish (both from the Greek) the name chondrichtians is for fi

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