AccountingSubsidiary objectives of Audit Subsidiary objectives of Audit The audit is a critical review of the system of accounting and internal control. The objective of an audit is to…
AccountingPrimary Objectives of Audit The basic objective of auditing is to prove true and fairness of results presented by profit and loss account and financial position presented by the…
AccountingScope of Audit Scope of Audit The scope of Audit means the depth of an audit performed. Generally, auditors used to check cash transactions if there were suspected…
AccountingTechniques of identifying Errors while Auditing Techniques of identifying Errors while Auditing Generally, the auditor prepares the trial balance himself. The main objective of an audit is to prepare and present…
Geographic MineralsMacdonaldite: Properties and Occurrences Macdonaldite is a rare barium silicate mineral with a chemical formula of BaCa4Si16O36(OH)2·10H2O. It is an orthorhombic-dipyramidal mineral containing barium, calcium, hydrogen, oxygen, and silicon.…
AccountingAdvantages of Audit Auditing has become a compulsory task in the business organization. It is an important process for the company itself, the government, the investors, creditors, shareholders,…
AccountingDifferences between Auditing and Accounting Accounting and Auditing are two very important processes related to the financial activities and records of an organization. Accounting is related to the collection, recording,…
AccountingDissimilarities between Auditing and Investigation An investigation is the act of detail examination of activities so as to achieve certain objectives. Especially, an investigation is made in suspected places. An…
AccountingWhich things should be included in the Audit Program? The audit program is a detailed program that helps to guide and control the junior staff. It would contain the various steps and procedures that…
Geographic MineralsMacaulayite: Properties and Occurrences Macaulayite is a red, earthy, monoclinic mineral, with the chemical formula (Fe3+, Al)24Si4O43(OH)2. It is monoclinic blood-red mineral containing aluminum, hydrogen, iron, oxygen, and silicon.…
AccountingAudit Program Audit Program is the list of steps, that is to be followed by audit staff to obtain sufficient audit evidence. An auditor prepares a plan…
GeographyEaster Island Easter Island, Spanish Isla de Pascua, also called Rapa Nui, the volcanic origin, is one of the fascinating but least visited archeological sites. The treeless…