Table Of Contents:
- Can you go to jail for being audited?What documents are required for audit?
- Is auditing the same as accounting?
- Who is experienced auditor?
- Why is audit important?
- Is auditing hard?
- What is nature of auditing?
- Can you go to jail for being audited?What is a qualified audit?
- What are the advantages and disadvantages of auditing?
- Learn about audit in this video:
- What is called auditing?
- Is auditing a good career?
- What is power audit?
Can you go to jail for being audited?What documents are required for audit?
Is auditing the same as accounting?
Who is experienced auditor?
Why is audit important?
Is auditing hard?
What is nature of auditing?
Can you go to jail for being audited?What is a qualified audit?
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 |