Auditor
This query is : Resolved
05 June 2014
why it said that auditor is watch dog and not blood hound explain?
05 June 2014
because auditor sniffs the truth and fairness of the books of accounts to be audited.....just like a watchdog.... say for example...a dog is reared by the bungalow owner.... what it does is BARK....it has to BARK i.e. a sort of whistle blower.... once dog barks...it is for the bungalow owner to take the further action..... Auditor, likewise, reports....the action is to be taken by the shareholders.....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- Correction in TDS return New Traces Portal
- ITC BENEFIT ON BROKRAGE PAID
- F&O reporting in ITR
- DUE DATE FOR ITR FILING
- Gst reverse charge mechanism to be claimed in the month of payment
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
