Post by shakilall25 on May 18, 2024 1:44:41 GMT -8
Compliance audit: Check and evaluate compliance with laws, policies and regulations of organizations and units. Operational audit: Check and evaluate the effectiveness and efficiency of activities of organizations and units. Includes economics, efficiency and effectiveness. According to the scope of audit Comprehensive audit: Inspect and evaluate all activities of organizations and units. Topical audit: Inspect and evaluate one or several specific contents of the activities of organizations and units. According to the time of audit Periodic audit: Is carried out according to the provisions of law or according to the agreement between the parties. Unscheduled audit:
Conducted when there are signs of law Ecuador Email List violations or when requested by competent authorities. According to the experimental auditing method: Check and evaluate by performing tests and experiments. Analytical audit: Check and evaluate by analyzing data and information. Document audit: Check,Evaluate by reviewing documents and records. According to the audit results, the audit has no material errors: The audit report shows that the financial statements have been prepared in accordance with accounting standards and have no material errors. Audit with material errors: The audit report shows that the financial statements have been prepared in accordance with accounting standards but have material errors.
The importance of the auditing industry The auditing industry is of great importance in a country's economy and financial system. Ensuring the accuracy and reliability of financial information Auditing helps verify the accuracy and truthfulness of financial information, including financial reports, accounting books, and related financial records . Helps stakeholders, such as investors, banks, customers, suppliers, etc., make accurate decisions based on the business's financial information. Supporting organizations with regulatory compliance , regulatory compliance violations and errors can be discovered. Early detection of these violations gives organizations the opportunity to correct and improve processes to ensure compliance with regulations. Audits also help identify and assess potential risks related to regulatory compliance.
Conducted when there are signs of law Ecuador Email List violations or when requested by competent authorities. According to the experimental auditing method: Check and evaluate by performing tests and experiments. Analytical audit: Check and evaluate by analyzing data and information. Document audit: Check,Evaluate by reviewing documents and records. According to the audit results, the audit has no material errors: The audit report shows that the financial statements have been prepared in accordance with accounting standards and have no material errors. Audit with material errors: The audit report shows that the financial statements have been prepared in accordance with accounting standards but have material errors.
The importance of the auditing industry The auditing industry is of great importance in a country's economy and financial system. Ensuring the accuracy and reliability of financial information Auditing helps verify the accuracy and truthfulness of financial information, including financial reports, accounting books, and related financial records . Helps stakeholders, such as investors, banks, customers, suppliers, etc., make accurate decisions based on the business's financial information. Supporting organizations with regulatory compliance , regulatory compliance violations and errors can be discovered. Early detection of these violations gives organizations the opportunity to correct and improve processes to ensure compliance with regulations. Audits also help identify and assess potential risks related to regulatory compliance.