Professional Documents
Culture Documents
Principles of Audit:
1. Integrity, objectivity and independence
2. Confidentiality
3. Trained and experienced
4. Work delegated to other auditors
5. Documentation
6. Evidence- Compliance to procedures and
accuracy and validity of data
7. Accounting system and controls
8. Conclusions and Reporting
Financial Audit
Cost Audit
Management Audit
Financial Audit
It is an independent evaluation performed
by the external auditor for the purpose of
attesting to the fairness, accuracy and
reliability of the financial data.
Duties of Auditor
Make a report
Reading the report in general meeting
To make a true and fair view
Whether he has obtained all the information
necessary for audit
Branch office reports to be forwarded
Represent non-compliance to shareholders
Sign the audit report