Audit Planning and Control

 Audit Planning and Control

Definition of Auditing

Auditing is one of the recently established profession born out or the complexity of the modern business word.  American institute of accountants defined it as an “Examination of the book of account, vouchers and other records of a public body. Institution corporation, firm or any persons or persons  or persons standing in any capacity for the purpose of ascertaining the accuracy or otherwise of the record and of expressing opinion upon the statement rendered usually in form of certificate. [Read more…]