ABSTRACT
Conventional auditing is auditing that is based on or in accordance with general agreement, use, or practice; customary: conventional symbols; a conventional form of address. The auditor should be an independent person who is appointed to investigate the organization its record, and financial statements prepared from them and thus from an opinion on the accuracy and records. The primary purpose of an audit is to enable the auditor to say that any account showed “true and fair view. This work examined what conventionally auditors is and the function of order and types auditor. It also insert illustration on how a audit was done a computer firm conventionally.
TABLE OF CONTENTS
Title page i
Dedication ii
Abstract iii
Chapter one
What is auditors
1
Chapter Two
Historical Background of Auditing 4
Type of Audit 6
Importance of Auditing 8
Purpose of Auditing 9
Procedure for Efficiency in Auditing 10
Chapter Three
What is Conventionally Auditing 12
How Conventionally Auditing Work 13
Benefits of Computer Assisted Auditing 14
Chapter Four
Ten Common Causes of Collapse of Firm 18
Chapter Five
Firm Survival: How to Prevent your from Collapsing 23
INTRODUCTION
Auditing as a tool for achieving organization objectives” has become the major concern of the organization. In the country, auditing as we all know is the independent examination and investigation of an organization.
The audit is not a new or recent idea. History tells us of the presence of auditors in Pharaoh's Egypt and the classical periods of Greek and Roman history. As businesses developed and grew over the centuries of recorded history, the need for controls became increasingly important. Financial auditing became a standard in American businesses and, following the lead of New York State, certification for accountants was enacted as legislation in many states. The financial audit is now fully integrated into business practices. The internal audit follows the spirit of financial auditing and surpasses it to examine operational matters as well. Another natural extension is operational auditing. While internal auditing is conducted by employees within the organization, an operational audit is generally completed by an internal task force or external analysts.
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 10). Conventionally Auditing And Collapse Of Firms The Way Out.. ProjectStoc.com. Retrieved 10, 2014, from https://projectstoc.com/read/3715/conventionally-auditing-and-collapse-of-firms-the-way-out-6908
"Conventionally Auditing And Collapse Of Firms The Way Out." ProjectStoc.com. 10 2014. 2014. 10 2014 <https://projectstoc.com/read/3715/conventionally-auditing-and-collapse-of-firms-the-way-out-6908>.
"Conventionally Auditing And Collapse Of Firms The Way Out.." ProjectStoc.com. ProjectStoc.com, 10 2014. Web. 10 2014. <https://projectstoc.com/read/3715/conventionally-auditing-and-collapse-of-firms-the-way-out-6908>.
"Conventionally Auditing And Collapse Of Firms The Way Out.." ProjectStoc.com. 10, 2014. Accessed 10, 2014. https://projectstoc.com/read/3715/conventionally-auditing-and-collapse-of-firms-the-way-out-6908.
- Related Works
- The Impact Of The New Products Developed In The Banking Industry In Nigeria (1990-2003) (a Case Study Of First Bank Plc State)
- The Role Of Financing Small And Medium Scale Enterprise In Rural Area In Kaduna State
- The Impact Of Central Bank Of Nigerai Financial Management On The Nigerian Economy (a Case Study Of Union Bank Of Nigeria).
- Community Banking Problems And Prospects (a Casse Study Of Ekulu Community Bank In Enugu State
- Financial Statement Analysis As A Bank Lending Tools
- Effective Management Of Nigerian External Reserves
- The Role Of International Financial Institution In The Development Of The Nigeria Economy
- The Provision Of Qualitative Services Rendered To Customers In Commercial Banks
- Loan Syndication As An Alternative To Business Finance In Nigeria
- An Evaluation Of Bank Failure And Economic Development In Nigeria, An Optical Appraisal