Audit and Assurance - PowerPoint PPT Presentation
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Audit and Assurance
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Their area unit some different types of audit however, within the specific context of skilled services, associate in standard audit is typically monetary. it’s supposed to produce affordable assurance, however not absolute Audit and Assurance, that the monetary statements provide a true and truthful read in accordance with the monetary news framework and also there are various types of audit and assurance. – PowerPoint PPT presentation
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Title: Audit and Assurance
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Audit and Assurance
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An Audit and Assurance could be a systematic
review and assessment of knowledge or documents.
Their area unit some different types of audit
however, within the specific context of skilled
services, associate in standard audit is
typically monetary
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What types of Audits are Available?
Financial Audit Compliance Audit Operational
Audit
Operational Audit
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All audits will of two types of audit either be
internal or external
Internal Audit -a corporation typically desires
to take care of a high customary of management
within the organization and needs to cut back the
quantity of labor done by external
auditors. External Audit -associate external
audit is once associate freelance firm comes into
a business and performs audit work on behalf of
the corporation or its shareholders in top CA
companies like Price Waterhouse Coopers (PwC),
Deloitte, KPMG and painter Young (EY) samples
of external auditors.
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