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Quick Revision: Audit and accounting

Audit and accounting: Auditing is defined as the systematic and independent assessment and examination of data, statement, records, operations and performance, financial or otherwise of an enterprise.   Objectives of Auditing: PRIMARY OBJECTIVE Examining the system of Internal check Checking arithmetical accuracy of books of accounts Verifying the authenticity and validity of transactions. Checking the … Read more

RAS MAINS REVISION: Part III Auditing and Accounting

RAS MAINS REVISION: Part III Auditing and Accounting Join Our Telegram Channel Social Audit:    It is a tool through which government department can plan, manage and measure non-financial activities and monitor both internal and external consequences of the department social and commercial operation. OR Social Audit is an independent evaluation of the performance of an … Read more