Audit Report
These reports form the medium of communication of the auditor's views to the members of the company. Contents of Audit Report The basic contents of…
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26/07/2020
Valuation of Assets
Valuation is not merely the determination of values of the assets as appearing in the balance sheet but it also the critical examination of these…
25/07/2020
Auditor: Power, Right, Duties, Responsibilities, Scope
Rights & Powers of Auditor Right of access to Books of account & Vouchers [Sec. 143(1)]Right to obtain information & explanation [Sec. 143(1)]Right to visit…
24/07/2020
Vouching
What is Vouching? Vouching means inspection by an auditor of documentary evidence supporting & substantiating transactions. Vouching is the process of checking documentary evidence that…
17/07/2020
What is Audit?
An audit is an independent examination of financial information of any entity, whether profit-oriented or not, and irrespective of its size or legal form, when such an examination is conducted with a view to expressing an opinion thereon.
19/03/2020