Inquiry used in audit.
This query is : Resolved
30 April 2015
what is the difference between inquiry and enquiry??
30 April 2015
Inquiry
Inquiry is a form of audit evidence.
Inquiry consists of seeking information of knowledgeable persons (both financial and nonfinancial information) throughout the entity or outside the entity. Inquiry is used extensively throughout the audit and often is complementary to performing other audit procedures.
Inquiry may range from formal written inquiries to informal oral inquiries.
Inquiry is a form of audit evidence.
Inquiry consists of seeking information of knowledgeable persons (both financial and nonfinancial information) throughout the entity or outside the entity. Inquiry is used extensively throughout the audit and often is complementary to performing other audit procedures.
Inquiry may range from formal written inquiries to informal oral inquiries.
30 April 2015
There is a very simple answer here - there is no difference in meaning. The spelling with 'e' is British, the spelling with 'i' is North American. The same goes for the nouns, 'inquiry' and 'enquiry'. There are of course other differences in spelling between American and British English.
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
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- Bank details not Visible on Traces Portal
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Cash balance limit and property purchases limit
- TDS ON EMAIL DOMAIN SERVICE BILL
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- NRI starting business in India
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
