What is an audit? (b)Explain the importance of audit to a limited liability company. (c) In addition
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Question:
What is an audit?
(b)Explain the importance of audit to a limited liability company.
(c) In addition to shareholders, many different parties are interested in the audited accounts of a company. Name FOUR such parties and state the significance of audited accounts to each one of them.
(d) Describe the following types of Audits:
Statutory Audits;
Internal Audits;
Private Audits;
Management Audits;
(e) What are the similarities and differences between internal and external audits?
f) Distinguish between internal audit and internal check
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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