Audit and assurance
Diksha Verma (14 Points)
12 January 2020
Why do we need audit of financial information?
3 Replies
Sunil Ahmad
(Student)
(1511 Points)
Replied 12 January 2020
# To know how business is going on.
# Reliable and accuracy.
# To know your remarks/mistakes.
# To check perfect accounting.
# By auditing regularly, stakeholders may know the success of your business and increase trust worthy.
# Improve credit rating.
# Reliable and accuracy.
# To know your remarks/mistakes.
# To check perfect accounting.
# By auditing regularly, stakeholders may know the success of your business and increase trust worthy.
# Improve credit rating.
sabyasachi mukherjee
(27715 Points)
Replied 12 January 2020
Audit of financial information is being carried out for the following purposes:
1.ascertain true and fair affairs of the organisation.
2. as certain the financial information is in conformity with the records .
3.is in conformity with the statutory provisions as applicable.
1.ascertain true and fair affairs of the organisation.
2. as certain the financial information is in conformity with the records .
3.is in conformity with the statutory provisions as applicable.
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 13 January 2020
Yes... I agreed to above said replies...
&
Avoid Statutory Compliances in current & future...
&
Avoid Statutory Compliances in current & future...
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