Table Of Contents:
- Can we do audit without CA?How many hours does an audit take?
- Who prepare the audit program?
- What is types of audit report?
- What is called statutory audit?
- Can we do audit without CA?What do auditors do all day?
- What is called auditing?
- What is audit file?
- What are the advantages and disadvantages of auditing?
- Learn about audit in this video:
- How much does it cost the IRS to audit someone?
- What are the 3 phases of audit?
- Do you get your tax refund if you get audited?
Can we do audit without CA?How many hours does an audit take?
Who prepare the audit program?
What is types of audit report?
What is called statutory audit?
Can we do audit without CA?What do auditors do all day?
What is called auditing?
What is audit file?
What are the advantages and disadvantages of auditing?
Advantages | Disadvantages |
---|---|
Auditing helps with business or system improvements | Auditing requires experts |
Provides credibility | Impossible to check all transactions |
Prevent fraud | Unsuitable for small business |
Useful for Planning and Budgeting | Risk of bribes and threats |