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

Explain what is prosthetic valve endocarditis, Explain what is Prosthetic V...

Explain what is Prosthetic Valve Endocarditis (PVE) ? Prosthetic valve endocarditis (PVE) is called EARLY when symptoms begin within 60 days of surgery and LATE when the onset

Materials handling and storage, Materials Handling and Storage Materi...

Materials Handling and Storage Material handling is a very significant process in working place. The materials are handled in not finished, semi finished and finished states.

What are the difference between plasma membrane, Q. What are the difference...

Q. What are the difference between plasma membrane and cell wall? Plasma membrane and cell wall is not the same thing. Plasma membrane, also known as cell membrane, is the exte

Foot as burrowing organ, Foot as Burrowing Organ The Scaphopoda that ...

Foot as Burrowing Organ The Scaphopoda that usually have burrowing habit, possess foot suitably modified for burrowing purpose. The conical and protrusible foot of Dentalium

Explain the obligatory losses of nutrients, Explain the Obligatory Losses o...

Explain the Obligatory Losses of Nutrients? Obligatory losses of nutrient are defined as 'the losses that occur when an individual is put on a diet free of that nutrient'. For

Give the introduction to congenital heart disease, Give the introduction to...

Give the introduction to Congenital Heart Disease ? The past 3 or 4 decades have witnessed a revolution in pediatric cardiac sciences. A number of conditions previously conside

Which animals make cutaneous respiration, Q. Which animals make cutaneous r...

Q. Which animals make cutaneous respiration? Adult amphibians and Terrestrial annelids make cutaneous respiration in amphibians there is also pulmonary respiration, the thin sk

What was lamarcks explanation for the succession, What was Lamarck's explan...

What was Lamarck's explanation for the succession of fossils in a given location? ps: I want to the idea for the succession of fossils, not the whole difference between Darwin and

Why photosynthetic prokaryotes appeared before more, Why is it more probabl...

Why is it more probable that the photosynthetic prokaryotes appeared before the aerobic eukaryotes? It is more feasible that photosynthetic prokaryotes appeared before the aero

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