Statutory audits, Auditing

Assignment Help:

Statutory Audits

The audits are compulsory below statute in the case of a large amount of number of undertakings involving the following as:

 

     Undertaking

              Principal Act

   Limited Companies                                    

   Building Societies

   Banking and Financial Institutions

    Insurance Companies

   Co-operative Societies

 

          Companies Act 1962

          Building Society Act 1962

          Banking Act 1989

          Insurance Act 1984

          Co-operative Societies Act

 

 


Related Discussions:- Statutory audits

Procedures when fraud is suspected, Procedures When Fraud is suspected ...

Procedures When Fraud is suspected Whenever the auditor encounters situation that might indicate that there is a material mis-statement in the financial statements resultant fr

Information in the fixed assets register, Information in the Fixed Assets R...

Information in the Fixed Assets Register The register can obtain the following information: i. Fixed asset number. ii. The cost and the date of purchase. iii. Descrip

Explain the single audit act, Q. Explain the Single Audit Act? Single A...

Q. Explain the Single Audit Act? Single Audit Act - Single Audit Act of 1984 and Single Audit Act Amendments of 1996 establish requirements for audits of states, non-profit org

Work related health problems, Work Related Health Problems The health ...

Work Related Health Problems The health of a person working on a specific job in a particular environment may be affected by both. It is valuable to have a clear understanding

Auditor, auditor is a watch dog not a blood hound

auditor is a watch dog not a blood hound

Assignments, Describe the factors which decide the broad area of Scientific...

Describe the factors which decide the broad area of Scientific activity?

Advantage and disadvantage of judgmental sampling, Advantage and Disadvanta...

Advantage and Disadvantage of Judgmental Sampling The advantages of judgment sampling The approach is understood as well and has been refined through experience o

Case law about auditing, assume that auditors lost a civil lawsuit for dama...

assume that auditors lost a civil lawsuit for damages and the court found total losses of $5 million. if the auditors were determined to be 30 percent at fault and were the only so

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