All posts by Swaraj Goyal - 3. page

Professional Tax Consultant and Article Writer

Essentials of good audit evidence: (a) Sufficient: The audit evidence are said to be sufficient when they are in adequate quantity. The audit  evidence enables the auditor to form an […]

AUDIT EVIDENCE : The auditor has to obtain sufficient and appropriate evidence to substantiate his opinion on the financial statements. The audit evidence provides grounds for believing that a particular […]

DIFFERENCE BETWEEN AUDIT PLAN AND AUDIT PROGRAMME : Audit Plan  Audit Programme It lays down the audit strategies to be followed for conducting an audit such as identifying the areas  […]

REMEDY OF DISADVANTAGES 1. The remedy in such situations is that audit programme should be flexible it must be always open to changes and improvements. 2. The audit staff should […]

DISADVANTAGES OF AUDIT PROGRAMME 1. Rigidity: Audit programme loses its flexibility as it can not be same for different types of organisation. Each business has separate problems. So a single/same […]

ADVANTAGES OF AUDIT PROGRAMME 1. It helps in ensuring that all important areas are appropriately covered during audit. 2. It helps in distributing the work among the assistants in accordance […]

AUDIT PROGRAMME An audit programme is a set of instructions which are to be followed for proper execution of audit. After the development of audit plan a detailed written audit […]

Efficiency Audit In essence, efficiency indicates how well an organization uses its resources to produce goods and services. It focuses on resources (inputs), goods and services (outputs), and the rate […]

AUDIT PLAN : An audit plan lays out the strategies to be followed to conduct an audit. It includes the nature, timing and extent of audit procedures to be performed […]

Management Audit : Management audit is an emerging concept of auditing. It has been originated from America. Management audit is an act of evaluation of all the activities of all […]