Question
In the context of NBFC financing , which of the
following is an example of secured financing ?Solution
A vehicle loan is a type of secured financing where the vehicle itself serves as collateral . In case of default, the NBFC can seize the vehicle to recover the outstanding loan amount. Â
Which auditing standard outlines the auditor's responsibilities relating to fraud in an audit of financial statements?
Which principle requires that the financial affairs of the business must be kept separate from the personal affairs of the owner(s)?
During a statutory audit, the auditor discovers a pattern of journal entries posted near year-end reversing shortly after year-end that inflate reported...
A sale of Rs. 25,000 to A was entered as a sale to B. This is an example of _
 ………………. Is a kind of audit is conducted between two annual audits
As per SA 230, audit working papers must be retained for:
An auditor identifies a significant risk around revenue cut-off due to manual end-period adjustments and complex multi-element contracts. The client pro...
Suppose an NPO receives a donation of $10,000 from a donor. The entry to record this transaction would be as follows?
Which of the following provides the most reliable audit evidence?
Internal auditor is removed and appointed by which among the following?
