Social Sciences, asked by mansimarch7858, 8 months ago

In using bank reports as for audit purpose what are categories of information sought to obtain from bank reports

Answers

Answered by shaziaerum123
3

Answer:

An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon". It also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditing has become such a ubiquitous phenomenon in the corporate and the public sector that academics have started identifying an "Audit Society". Auditors perceive and recognize the propositions before them for examination, obtain evidence, evaluate the same and formulate an opinion on the basis of their judgement which is communicated through their auditing report.

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Answered by taduabera075
0

Answer:

Explanation:

In using bank reports as for audit purpose what are categories of information sought to obtain from bank reports

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