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Essay

What is Auditing

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Issue:

Miscellaneous

 

Written by:

Traci M

 

Date added:

December 8, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 1020

 

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5221 times

 

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Essay content:

Auditing happens to be one of those specialized areas. Auditing is important and should be done. Auditing is when the financial records and statements are examined and verified for accuracy (“Accounting and Bookkeeping” 1). Not just anyone can audit financial records and statements. “Audits are carried out by suitably qualified auditors who are employed to scrutinise the accounts of business entities including limited companies, charities, trusts and professional firms...
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Not just anyone can audit financial records and statements. “Audits are carried out by suitably qualified auditors who are employed to scrutinise the accounts of business entities including limited companies, charities, trusts and professional firms.” (Gillespie, Lewis, Hamilton 281). These auditors are called CPAs which mean Certified Public Accountants (“Accounting and Bookkeeping” 1)...
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