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Advantages and Disadvantages of Joint Audits The general disadvantages and advantages of joint audits as: Advantages 1. All fees and work are welcome to audit firms. 2. A
the availability of audit evidence is necessary but not sufficient condition for absolute reliance on the figure presented for audit
IAS 12 Income Taxes 1AS 12 needs a deferred tax liability should be well known for all taxable temporary difference with minor exceptions as goodwill that is not allowable for
Auditor Further point to note is which modern companies can be exclusively large along with multi-national activities. So preparing accounts for that a group becomes a widely
Principles of Auditors Procedures i. The financial statements should be prepared on the source of conditions existing on the balance sheet date. ii. The material post balance
advantage and disadvantage of joint auditor?
if a proxy is voted as per his judgement other than member prescribed to him... what is the action to be taken?
Sufficiency of audit evidence The audit evidence should in total enable the auditor to form an opinion on the financial statements. Sufficiency is a measurement of the quantity
WHAT ARE THE MAIN PURPOSE OF HAVING PUBLIC SECTOR AUDITING
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