Question
The process of financial audit begins
with?Solution
A financial audit is an independent examination of an entity's financial statements, whether or not they are profit-oriented, regardless of the size of the entity, by auditors or audit firms to express an opinion regarding the accuracy of the facts and figures contained in the financial statements of the entity and to obtain reasonable assurance that the financial statements are free of material misstatements. Important Points Process of Financial Audit: 1. Planning and creation of the auditing process 2. Examine the internal controls test and the transactions 3. Performance of Analytical Procedures and Testing of Financial Procedures 4. Making an audit report and publishing Hence, it can be concluded that the process of financial audit begins with Planning.
The actual or realised value of a variable as opposed to its planned value is called ______.
The 1st of February, when the finance minister presents the budget, is also known as what?
Public Sector Insurance Companies are those companies in which the direct holding of the Central/Sate Government is 51 % or more. Which of the following...
Which of the following is NOT correctly matched?Â
Recently, Rishi Sunak has become the Prime Minister of which of the following countries?
Who among the following is the Chairperson of ‘NITI Aayog’ formed in 2015?
Who among the following was the last sultan of Delhi sultanate?
Match the columns.
Slash and burn agriculture           Associated State
(A) Dahiya                   ...
On 26 January 2019, the Constitution of India completed 69 years of its existence. In these years, it was amended ______ times (as on 12 January 2019).
Valley of the Kings-one of the most important archaeological sites in the world is located in ______.
