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Querist : Anonymous

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Querist : Anonymous (Querist)
24 September 2010 auditing means simply examining,preparing 3cb,3cd and its schedulesa,b,c,d thats it or something more?if there is anything more plz tell me so that i can tell my principal to delegate me those works too.
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Praveen Sharma

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Praveen Sharma (Expert)
24 September 2010 Auditing is a systematic & independent
examination of accounting and other
underlying data and information to give
an opinion in the audit report.

Audit is a systematic and independent
examination of financial statements to
ensure that they reflect a true and fair
view.

Audit is a systematic and independent
examination of financial statements
prepared as per the applicable regulatory
requirements and financial reporting
framework.

Hence, Auditing is very wide & depend upon the scope.
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