Auditing

Page 1 of 50 - About 500 essays
  • Auditing

    1104 Words  | 5 Pages

    Auditing Auditing has been around since the mid-1800's, which originated in British. Some of firms today have been around since the 1800's, such as Deloitte & Co. Price Waterhouse & Co. In this paper, I will state the functions of auditing, the nature of auditing, how the standards apply to financial, operational, and compliance audits, and some other items that pertain to auditing in general. Nature of Auditing The nature of auditing is that auditors are placed with a special purpose, which is

  • International Auditing And Auditing Standards

    819 Words  | 4 Pages

    As we know in 2012 IAASB-International Auditing and Assurance Standards Board which is an independent body that serves the public interest and sets a high-quality international standards for assurance, auditing, identified their essential goals. First of all they raised the awareness of the key elements of audit quality, then they encouraged key stakeholders to reflect on way to improve audit quality, they facilitated a greater dialogue between key stakeholders on topic. IAASB has its own ways on

  • Auditing

    1373 Words  | 6 Pages

    Council watches over the audit profession, and works closely with the ICAEW who also regulate the work of auditors. The finest explanation of auditor independence (lack of regulation) can be found in the Statement on Auditing Standards (Paragraph 2, Section 220). The Statement on Auditing Standards conditions the auditor “must be without bias with respect to the client under audit”, adding on it states that “independence does not imply the attitude of a prosecutor but rather a judicial impartiality”

  • An Questions On Auditing Standards And Auditing Standards

    904 Words  | 4 Pages

    accordance with generally accepted auditing standards. Auditing standards provide a measure of audit quality and the objectives to be achieved in an audit. Auditing procedures differ from auditing standards. Auditing procedures are acts that the auditor performs during the course of an audit to comply with auditing standards. 2. The general, field work, and reporting standards (the 10 standards) approved and adopted by the membership of the AICPA, as amended by the AICPA Auditing Standards Board (ASB), are

  • IT Auditing Environment: Improve IT Auditing Environment

    865 Words  | 4 Pages

    will ask, “why didn’t the audit function find this?” • If the auditor cannot show that an issue was identified in an audit, the auditor could become the focus of the company’s corrective action instead of the non-conformance itself. 4. In a paranoid auditing environment “The auditors out to get us” any observation can place an auditor into a “pick your poison” situation i.e. Don’t write the observation, and hope nobody else ever uncovers the non-compliance situation and that you knew about it. • OR-Hold

  • Internal Auditing

    1031 Words  | 5 Pages

    Auditing as a profession as evolved drastically over decades and as time has passed auditing activities has expanded from performing specific assurance activities for management, to assisting and advising management with their specific business activities. The Institute of Internal Auditors define internal auditing as ‘”…an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by

  • The Impact Of International Auditing Standards On Auditing

    1256 Words  | 6 Pages

    The topic on auditing also prepares the accounting students to undertake quality audits so as to conform to the standards by reviewing the objective evidence. Quality audits verify the effectiveness of the management system. They are also essential in providing evidence that is concerned with the elimination and the reduction of problem areas since they are management tools for achieving continuous improvement in the organization. In addition, the knowledge on international auditing standards acts

  • History Of Auditing

    1708 Words  | 7 Pages

    Auditing is in the challenging position with the emerging technologies and real-time approach in doing business. The audit is a complex activity; this profession has been through many significant changes over the time. The changes that were important for auditing to be updated with the changing business environment. All the changes were done as per the requirements of the legislation that shaped the auditing profession. The main purpose of this paper is to examine what different legislations and

  • Cloud Auditing

    1442 Words  | 6 Pages

    Kulkarni [13] explained the cloud characteristics, services provided by cloud, properties of data integrity, necessity with benefits of cloud and necessity with applications of Auditing. The paper explained about the three processes like Tag generation, Sampling auditing and Dynamic Auditing which supports third party auditing. H.C Hsiao, Y.H Lin, et al. [14] projected a study of user-friendly hash that describes some schemes which are quickest and most accurate. In this study, Chinese, Korean and Japanese

  • Statement On Auditing Standards: Statement Of Auditing Standards

    1213 Words  | 5 Pages

    Statement of Auditing Standards #54 AU Section 317 AC410 – Auditing II DeeAnna Moore February 8, 2015   STATEMENT ON AUDITING STANDARDS Dictionary.com has defined audit as: “an official examination and verification of accounts and records, especially of financial accounts; a report or statement reflecting an audit; a final statement of account.” The Statement on Auditing Standards (abbreviated SAS) were created in 1972 to aid external auditors during the auditing process. They

Previous
Page12345678950