AUDIT AND ASSURANCE INTRODUCTION 3 1 3 2 3 4 4 5 6 5 7 5 8 5 9 6 10 6 11 6 12 6 13 7 14 7 15 7 CONCLUSION 7 REFERENCES 8 INTRODUCTION Auditing refers to the process of inspecting,analysingand evaluating company’s financial reports so as to make sureaccurate reporting to represent true and fair picture of profitability and financial health. 1 1 [pic] Big 4 Accounting firm is one of the most famous or
Audit And ASSURANCE INTRODUCTION
Added on 2019-12-17
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AUDIT AND ASSURANCE1
Table of ContentsINTRODUCTION................................................................................................................................31........................................................................................................................................................32........................................................................................................................................................33........................................................................................................................................................44........................................................................................................................................................45........................................................................................................................................................56........................................................................................................................................................57........................................................................................................................................................58........................................................................................................................................................59........................................................................................................................................................610......................................................................................................................................................611......................................................................................................................................................612......................................................................................................................................................613......................................................................................................................................................714......................................................................................................................................................715......................................................................................................................................................7CONCLUSION....................................................................................................................................7REFERENCES.....................................................................................................................................82
INTRODUCTION Auditing refers to the process of inspecting, analysing and evaluating company’s financialreports so as to make sure accurate reporting to represent true and fair picture of profitability andfinancial health. 1Big 4 Accounting firm is one of the most famous or popular accounting firm in the worldwhich offer audit, taxation consultation, advices, assurance and legal services to number of privateas well as public companies. It’s big four auditors that are Deloitte, PwC, EY and KPMG providestop-quality auditing services to the companies to verify their annual financial statement tocommunicate their operational performance and financial health more accurately and effectively.Company believes that quality of audit plays a key role in corporate governance by representing atrue and fair position of their profitability and financial status at the end of the period (Jacob, Desai3
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