Why Auditing is Important | mw accounting audit

Why Auditing is Important


นอกจากการดูบทความนี้แล้ว คุณยังสามารถดูข้อมูลที่เป็นประโยชน์อื่นๆ อีกมากมายที่เราให้ไว้ที่นี่: ดูเพิ่มเติม

Auditing provides credibility to companies’ financial information and is therefore essential to the functioning of capital markets. If you’re thinking of purchasing a business, buying shares of stock in a company, or lending money to a company, you need to know that the numbers in the company’s financial statements are legitimate. Auditors create value by serving as an independent, third party that rigorously examine management’s assertions in the financial statements and let you know whether these assertations can be trusted. If investors and creditors have no way of knowing whether they can trust companies’ financial information, they will be hesitant to invest or lend money to firms this would cause markets to grind to a halt.
Enron is a great example of what happens when the numbers in the financial statements cannot be trusted. Investors lost billions of dollars when it was discovered the Enron’s financial statements were fraudulent. A proper audit could have detected this much earlier and mitigated the damage, but Enron’s auditor failed to do its duty and was subsequently indicted for its role in the affair.—
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Why Auditing is Important

AUDIT OF INVENTORY


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AUDIT OF INVENTORY

Infinite Audit Talk Episode 15: Financial Audit


(English subtitles are provided. Please click the cc button.)
In this episode, Gresika Bunga Sylvana and Nur Imroatun Sholihat talked about the arguably the most famous audit: financial audit.
The questions they discussed are:
What is a financial audit?
What are the stages, steps, or procedures in a financial audit?
What are the qualitative characteristic of a good financial report?
What are the objectives of a financial audit?
What are the consequences for an organization/entity which doesn’t perform an audit to their financial reports?
Why is Government Financial Statement Audit important?
Should you have any topics you want us to discuss, please drop your comment below. Happy watching
internalauditing internalaudit criticalthinking internalauditor financialaudit

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Infinite Audit Talk Episode 15: Financial Audit

JUNIOR AUDITOR DAY-TO-DAY / what auditors *actually* do \u0026 graduate advice (EY, KPMG, PwC, Deloitte)


In this video I talk about the daytoday activities of a junior or graduate auditor, and generally what kind of work you would do in your first 13 years on the job. There’s a mixed bag of advice and description of work in this video, and would be particularly useful if you’re curious about the job having already got a role or want some background information for an interview you could base a lot of questions or conversation in the interview about your potential role!
Part 2 now up: https://www.youtube.com/watch?v=arnFL_yxo1c\u0026t=2s
00:00 00:46 Intro
00:46 4:31 Overview of the job
4:35 5:52 Busy season
5:52 7:56 Talking to the client
7:56 9:57 Technical advice
As always, any questions let me know!! Thanks for watching \u0026 supporting my channel, LY LOTZ xoxoxo
I’ve made my competency bible/interview prep available here (I will update as and when!): https://docs.google.com/document/d/1oqgFZTPVKqlshk77PwFKYK8sU5xvxCZ6fPooFIjF_8/edit?usp=sharing
〰️ r e c e n t v i d s 〰️
How to create your own morning routine! https://www.youtube.com/watch?v=Im34_rALLJ4https://www.youtube.com/watch?v=F7CyvcpZ23A\u0026t=157s
My Notion setup: https://www.youtube.com/watch?v=Gj34iDubA2Q\u0026t=283s
What does a Junior Auditor ACTUALLY do? https://www.youtube.com/watch?v=LTCjokRfWY
〰️c a r e e r t i p s 〰️
What does a Junior Auditor ACTUALLY do? https://www.youtube.com/watch?v=LTCjokRfWY
Tips for your corporate job: https://www.youtube.com/watch?v=3_hoSOscFvE
Big 4 recruitment: https://www.youtube.com/watch?v=wXBTytq8gwc\u0026t=2s
Junior auditors daytoday: https://www.youtube.com/watch?v=LTCjokRfWY
〰️ s a v e d o l l a 〰️
Avoid these MONEY MISTAKES if you’re a STUDENT: https://www.youtube.com/watch?v=xTBAJp1pBu0\u0026t=74s
Pay yourself first: https://www.youtube.com/watch?v=qyarJm0Ulk
Frugal living tips: https://www.youtube.com/watch?v=CcLHxSP92cU
Things to stop buying to live better and save money: https://www.youtube.com/watch?v=IP545JIHD4\u0026t=8s
〰️ p l a y l i s t s 〰️
Career playlist: https://www.youtube.com/watch?v=wXBTytq8gwc\u0026list=PL2GxuCXHNXVvQ2rKE3RBrukDBJJH4r5
Personal finance playlist: https://www.youtube.com/watch?v=CcLHxSP92cU\u0026list=PL2GxuCXHNXXiCWjZ8PgbNXOt93utKIrV
Fashion playlist: https://www.youtube.com/watch?v=lcGBn3y0hRA\u0026list=PL2GxuCXHNXV2lpWLjd8ENDyCAAeKcDZM
〰️ d e v o n t h e w e b 〰️
🌞 instagram: devamsha
🌞 blog: http://www.devamsha.com
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Music credz:
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🙎🏾‍♀️ a b o u t m e
I’m Devamsha and I’m currently a Big 4 grad working in Scotland, UK. I hope to help people find their way through postgrad life by sharing my own experiences navigating this world through career advice, selfdevelopment, personal finance and lifestyle videos. I try not to take life too seriously but i also take life way too seriously. Thanks for watching!!
Big4 FirstJob Audit

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JUNIOR AUDITOR DAY-TO-DAY / what auditors *actually* do \u0026 graduate advice (EY, KPMG, PwC, Deloitte)

EXCEL FOR BEGINNERS, Auditors \u0026 Accountants


Open for all the info!! 🖤
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Hi y’all and Happy Sunday! Today I’m sharing some basic Microsoft Excel formulas, functions and shortcuts for accountants and anyone else who wants to learn to efficiently use Excel! Below are time stamps of topics:
01:00 Basics for using Excel
02:56 Paste special values
04:08 Keyboard shortcut to undo (ctrl + z)
05:00 Freeze panes
06:35 Basic formulas in Excel like Sum
07:38 Keyboard shortcut to move around efficiently
08:50 Pivot table
11:50 SumIf formula
14:00 What a $ dollar sign in Excel means
15:17 vlookup
Things in this video:
Eyelash extensions Lashed by Kasia https://www.instagram.com/lashed.by.kasia/
Camera: https://amzn.to/2NF68uq
MUSIC
Song: Ukulele by www.bensound.com
♡GET IN TOUCH♡
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Business Inquiries: [email protected]
DISCLAIMER
All opinions are my own and are from my personal experiences/ observations. They are not on behalf of any company. I’m just sharing to provide a different perspective. Base your opinions on what is true for yourself.
OnTheJobWithStephie FriendlySisterlyAdvice

EXCEL FOR BEGINNERS, Auditors \u0026 Accountants

นอกจากการดูหัวข้อนี้แล้ว คุณยังสามารถเข้าถึงบทวิจารณ์ดีๆ อื่นๆ อีกมากมายได้ที่นี่: ดูวิธีอื่นๆHỌC THIẾT KẾ

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