Finance, Accounting
Accounting and auditing are important management functions
Proceeding from all the above, it can be concluded that audit is an ongoing process closely connected with documentary observation of all kinds of economic phenomena occurring at the enterprise. The purpose of any survey is to draw up an objective opinion on the truth of the company's financial statements, as well as the compliance of the accounting system with the current legislative documents.
Accounting audit
It can include several main areas: audit of exchanges, banks, insurance organizations, extra-budgetary funds and investment institutions, as well as a general audit.
If we consider the audit activity as a whole, then immediately it is necessary to note its licensed nature. Legislative bodies provide for the issuance and cancellation of these documents. Therefore, an individual can act as an auditor, which meets all qualification requirements.
Audit
This is an independent verification of the financial performance of the enterprise. At the same time, the auditor carries out his activities within the framework of a civil law contract, which is concluded between the enterprise and the audit firm.
Classification
Currently, two main categories are distinguished: internal and external inspections. The first can include all the checks that are performed by the regular staff of the organization. At the same time, it must exercise control in compliance with all available rules for conducting accounting. In turn, internal audit is all the activities of companies, as well as individuals engaged in such checks, which is conducted on the basis of contracts concluded. At the same time, all activities occurring within the framework of such activity must comply with the norms and requirements of the current legislation. It should also be noted that individual auditors must undergo certification and carry out a set of certain rules. The purpose of their activities is to reconcile financial statements, clarify the requested data, and provide all sorts of related services.
Similar articles
Trending Now