Different Types Of Audit Engagements - PowerPoint PPT Presentation
Title:
Different Types Of Audit Engagements
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Audit is an appraisal activity undertaken by an independent practitioner to provide assurance to a principal over a subject matter which is the primary responsibility of another person against a given criteria.There are different types of audit engagements. – PowerPoint PPT presentation
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Title: Different Types Of Audit Engagements
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Different Types Of Audit Engagements
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1. External Audit
- Also Known As Financial Audit
- Report On The Financial Performance And Positions
Of The Company
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2. Internal Audit
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3. Forensic Audit
- Fraud Investigations Involving Misappropriation
Of Funds And Money - Quantification In Case Of Insurance
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4. Public Sector
- Controls The Financial Affairs Of The State
- Promote Transparency And Governance
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5. Tax Auditor
- Determine The Accuracy Of The Tax Returns Filed
By A Company
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6. Information System
- Internal Controls Of The System
- Information Security And Privacy
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