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

Enzymes, what happen to a denatured enzyme regarding its functionality? how...

what happen to a denatured enzyme regarding its functionality? how can that result be explained with the help of the lock and key model?

Define fermented dairy products-butter, Normal 0 false false ...

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4

What is the function of lh in the menstrual cycle, What is the relationship...

What is the relationship between the estrogen level and the LH level in the menstrual cycle? What is the function of LH in the menstrual cycle and when does its blood concentration

Poultry and duck diseases-fowl pox, Fowl pox Fowl-pox is a highly infec...

Fowl pox Fowl-pox is a highly infectious disease of poultry, especially chickens and turkeys. Pheasants, ducks, geese and guineafowls also suffer from an infection similar to f

Newcastle disease / ranikhet disease (nd/rd), N e wcastle disease / Ranik...

N e wcastle disease / Ranikhet disease (ND/RD) This disease is caused by Newcastle disease virus (NDV) belonging to the genus Paramyxovirus of the family Paramyxoviridae. Alo

Define iron - the micronutrient, Define Iron - The Micronutrient Iron, ...

Define Iron - The Micronutrient Iron, as you may be aware, is a trace element present in the body. The body contains approximately 3 - 3.5 g of iron of which about two thirds i

Edema, Ed e m a It refers to excessive accumulation of fluid in tiss...

Ed e m a It refers to excessive accumulation of fluid in tissue spaces caused by disturbance in the fluid interchange between capillaries, tissue spaces and lymphatic vessel

Human lungs, Human lungs A pair of spongy, elastic and bag like stru...

Human lungs A pair of spongy, elastic and bag like structures of lungs is present in the chest cavity, one on either side of the heart. Lungs are enclosed by a double lay

How do sponges try to protect themselves, Q. How do sponges try to protect ...

Q. How do sponges try to protect themselves against harm from the environment? Is that method rudimentary or efficient? Sponges can close their pores to avoid the entrance of w

Water relations in terrestrial environment, Water Relations in Terrestrial ...

Water Relations in Terrestrial Environment Insects are the largest group of metazoans which have most successfully invaded the terrestrial environment. In addition, most arach

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