Accounting

The interim audit tasks are conducted in order to compress the period needed to complete the final audit. It is part of audit work where…

Interim Audit An audit conducted in between the two annual audits with a view to find out interim profits to enable the company to declare…

An interim audit involves preliminary audit work that is conducted prior to the fiscal year-end of a client. It is part of audit work where…

Interim Audit refers to an audit conducted on a particular date within an accounting period. In large-scale business concern, the performance may be checked for a…

Cost Audit stands for the verification of cost accounts and checks on the adherence to cost accounting plan. It is an audit of the efficiency…

Partial Audit is a “kind of audit, where the work” of the auditor is curtailed. A partial audit is not permitted in case of limited…

In a partial audit, the work of the auditor is curtailed. The auditor is asked to check a few books, e.g., he may be asked…

Partial Audit is a kind of audit, where the work of the auditor is curtailed. For example, an auditor may be asked to check only…

Concept of Partial Audit An audit which is conducted considering the particular area of accounting is known as a partial audit. It is an audit…

Cost Audit The term ‘cost audit’ refers to the audit of cost records. The cost auditor is appointed to check the cost accounting records in…

Cash Audit Audit of cash receipts and payments only is known as cash audit. The auditor should be careful while conducting cash audit because there…

Cost Audit is concerned with the vinification of the correctness of the cost records or cost accounts maintained in a business concern. This aspect will…