PROFESIONAL AUDITING PRACTICE
OVERALL AUDIT PROCESS
ROLE OF AUDITING AND ACCOUNTING
STANDARDS IN AUDITING PROCESS
The Accounting and Auditing Committee (AAC) of MIA is
responsible for issuing pronounce
1.1 THE NATURE OF AUDITING
- Refers to an independent examination of the
financial statements of an enterprise.
- Whether those statement give a true and fair
1.1.1 DEFINE THE NATURE OF
- Is a syste
AUDITING is a systematic process of
objectively obtaining and evaluating
evidence regarding assertions about
AUDITING enhances the credibility of
financial statements or other information
Fundamentals of Auditing
a. What is auditing ?
b. How auditing is different from accounting ?
c. Describe five fundamental concepts in audit ?
Suggested Answer :