Auditing and Assurance. An Introduction

      Аннотация: The audit is an intelligent and critical examination of the books of accounts of the business. Auditing is done by the independent person or body of persons qualified for the job with the help of statements, papers, information and comments received from the authorities so that the examiner can confirm the authenticity of financial accounts prepared for a fixed term and report that:The balance sheet exhibits an accurate and fair view of the state of affairs of concern; The profit and loss accounts reveal the right and balanced view of the profit and loss for the financial period; The accounts have been prepared in conformity with the law.Thus, it will be seen that the duty of an auditor is much more than a mere comparison of the balance sheet and accounts with the books.

Ключевые слова: Auditing, Assurance