Business

An audit program that can not be changed during the course of audit is known as a fixed audit program. It guides the audit personnel…

Fixed Audit Program gives complete coverage of audit work that can be performed by the audit staff. Thus, an auditor prepares an audit program according…

Fixed Audit Program Generally, the auditor prepares audit programs on the suggestions and recommendations of assistant staffs but such program can not be changed during…

The audit note book is usually a bound note book in which a large variety of matters observed during the course of an audit are…

A note book which is prepared by the audit staff to note down all the uncleared queries which s/he may find in the course of…

Audit note book contains information regarding day-to-day work performed by the audit staff on any particular date. It is a term used by authors of…

Audit Note Book is a register maintained by the audit staff to record important points observed, errors, doubtful queries, explanations and clarifications to be received…

Conduct of Auditing Process – An auditor should conduct an audit of a business organization as follows: (1) Preparing Audit Program Being prepared before a…

Methods of Audit There is no hard and fast rule or method that can be laid down for auditing. In general, an audit is an…

The audit that remains continue throughout the financial year is called continuous audit. This audit is usually done or preferred by those companies which are…

Continuous auditing is an emerging trend in the auditing landscape today. This audit enjoys many benefits. The most important advantages are detailed below: Advantages of Continuous…

The audit that remains continue throughout the financial year is called continuous audit. This audit is an audit that involves a detailed examination of books of…