Study Material

Auditing is going through financial reports, operations, and systems to achieve accuracy, adherence, and efficacy. Understanding the advantage and limitations…

Accounting estimates are monetary amounts in financial statements that are subject to uncertainty. They are used when it's impossible to…

Social responsibility in business ethics is that businesses aim to help the community while doing the right things. The corporate…

Audit risk is the inherent risk that an auditor may misstate the results of a financial audit. Such may occur…

Audit of trade receivables is the likelihood of assessing fair presentation, which becomes very low if trade receivables are overstated…