Audit Procedures: Definition, Types of Audit Procedures
Audit procedures are the auditor’s methods or techniques to observe, gather, evaluate and verify the audit evidence for the audit.
Learn Auditing
An audit is a thorough review of an organization’s financial records to ensure accuracy and compliance with laws. Auditors help identify risks, improve controls, and enhance efficiency by assessing financial health and understanding assets, liabilities, losses, and profits.
Learn about different types of audits (external, internal, government) and the skills auditors use, such as critical thinking and problem-solving.
Accounting and Auditing: Similarities and Differences
Uncover the key similarities and differences between accounting and auditing, and their role in financial transactions.
Auditor: Definition, Qualities & Types of Auditors
The auditor is the person or firm doing the audit and is ultimately responsible for the validity and reliability of the audit results.
Generally Accepted Auditing Standards (GAAS)
Explore Generally Accepted Auditing Standards (GAAS) and their impact on audit quality. Learn about auditors’ qualifications, fieldwork, and reporting.
Post Audit Responsibilities: Events after Audit Reporting Period
Two types of events after the end of the reporting period in an audit are; adjusting events, and non-adjusting events.