close
    1. Home
      2. ›
    2. Education & Reference
      3. ›
    3. Higher Education (University +)
      4. ›
    4. what is auditing
    what is auditing

    Answer this
    0  Views: 594 Answers: 1 Posted: 12 years ago
    Comment this question

      1 Answer

      An audit is the examination of the financial report of an organisation - as presented in the annual report - by someone independent of that organisation. The financial report includes a balance sheet, an income statement, a statement of changes in equity, a cash flow statement, and notes comprising a summary of significant accounting policies and other explanatory notes.


      Read more  >http://www.pwc.com.au/assurance/financial/statements/audit.htm

      12 years ago. Rating: 3
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Higher Education (University +) category

         
        ROMOS
        Answers: 115 / Questions: 0
        Karma: 6075
         
        Colleen
        Answers: 178 / Questions: 0
        Karma: 3750
         
        country bumpkin
        Answers: 58 / Questions: 0
        Karma: 3720
         
        Benthere
        Answers: 2 / Questions: 0
        Karma: 3630
        > Top contributors chart
        488159
        questions
        724835
        answers
        819985
        users