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What is check list

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Querist : Anonymous (Querist)
06 May 2015 what is check list and why it is prepared and what its importance.
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CA. Kuldeep Singhi

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CA. Kuldeep Singhi (Expert)
06 May 2015 Checklist is a detail list of checking that we have to do when we are auditing something. It covers all the important areas which need to be checked. Suppose you are auditing manufacturing process of some company than you will have checklist which will contain all the things that need to be checked while auditing a manufacturing process. I.e. Checklist for Various registers, Due dates, Challans, Returns,etc.
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