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Tag: Objectives of Auditing

Detection and Prevention of Errors and Frauds in Auditing

by Ruchi GandhiPosted onSeptember 23, 2022September 23, 2022AuditLeave a comment on Detection and Prevention of Errors and Frauds in Auditing
Detection and prevention of errors and frauds

The role of an auditor is crucial in judging the accuracy and authenticity of financial records. When auditors verify the books of an entity, they…

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Types of Errors and Frauds in Auditing (with examples)

by Ruchi GandhiPosted onSeptember 21, 2022September 21, 2022AuditLeave a comment on Types of Errors and Frauds in Auditing (with examples)
Types of errors in auditing

The basic duty of an auditor is to examine the books of account and relevant documents so that he can report on the financial condition…

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What are the Primary and Secondary Objectives of Auditing?

by Ruchi GandhiPosted onAugust 15, 2022August 16, 2022AuditLeave a comment on What are the Primary and Secondary Objectives of Auditing?
Primary and Secondary Objectives of Auditing

We know that auditors examine financial information of books of account to determine their accuracy and to submit a report thereon. While carrying out this…

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Audit plan Audit report Audit standards Case briefs Conditions & warranties Cost audit Differences Duress Internal controls Legal Intention M&A Objectives of Auditing Occupier's liability Offer and acceptance Tortious liability Undue influence

  • Vouching vs tracing
    Vouching vs Tracing in Audit
  • Auditor Consent Letter
    Auditor Consent Letter for Appointment and its Format
  • Special Audit
    What is a Special Audit? Its Need and Types
  • Cut-off procedures in audit
    What is meant by Cut-off procedures in Audit?  
  • Interim Audit
    What is an Interim Audit? Objective | Advantages & Disadvantages
  • Lee vs Lee Air Farming
    A case summary of Lee vs Lee’s Air Farming Ltd.
  • Reliability of audit evidence
    All you need to know about the Reliability of Audit Evidence
  • Difference between AGM and EGM
    What is the Difference between AGM and EGM?
  • Scope of auditing
    An understanding of the Scope of Auditing
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