Audit

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This discussion clarifies the distinction between STD and NTE in audit procedures. NTE refers to the Nature, Timing, and Extent of the audit, detailing what procedures were performed, when they occurred, and how they were executed. It essentially describes the methodology and steps taken during the audit. The query seeks further explanation on what STD signifies in this context.

Bharat G. Singh

Bharat G. Singh (Querist)
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12 June 2020 Difference between STD and NTE of audit procedure?

Gokul Sharma

Gokul Sharma (Expert)
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12 June 2020 NTE FULL FORM NATURE TIMING AND EXTEND
MEANS WHAT KIND OF PROCEDURE YOU PERFORMED.
WHEN YOU PERFORMED.
HOW YOU HAVE PERFORMED.

SIMPLY IT DESCRIBED HOW YOU HAVE DONE AUDIT.
IT DESCRIBES THE PROCEDURE YOU HAVE TAKEN IN DOING AUDIT.

KINDLY DESCRIBE STD ???