Audit in books & in reality

Internal Audit 1349 views 6 replies

CAn anyone share the difference between the actual and bookish audit..........

Replies (6)

I think Actual things will not done withour Bookish knowledge

 when i done my first audit i applies all the bookish knowledge on Practical queries .. so bookish knowledge will provide you rules and regulations what is this ??and all and Practical Things / Queries will provides you the structure  how to do ?? In which and How rules and other things will be applicable.. So Bookish Knowledge is the primary step and practical/ Actual audit is secondary to build youself as a perfact professional ....

Regards,

Mansi Batra

Thanks Mansi

anytym dear m hear to help everyone if my knowledge will help you , then it really make me happy

Originally posted by : Mansi

I think Actual things will not done withour Bookish knowledge

 when i done my first audit i applies all the bookish knowledge on Practical queries .. so bookish knowledge will provide you rules and regulations what is this ??and all and Practical Things / Queries will provides you the structure  how to do ?? In which and How rules and other things will be applicable.. So Bookish Knowledge is the primary step and practical/ Actual audit is secondary to build youself as a perfact professional ....

Regards,

Mansi Batra

AGREED                             

Thanks Mansi

Actual Audit means when you go at the client place and do the audit in reality.

 

By bookish audit you really don't do any audit. Its basically dummy audit. We adjust books to relevant laws to make the books comply with the laws before submitting it to revenue authorities.


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