ABSTRACT
The efficient audit of final account and the formation of auditor opinion, a valued audit opinion state that the financial statement should give a true and view of the state of affairs of the company under review.
Since audit permeate all aspect of every organization audit techniques have been developed to suit various management objectives like management audit, personal audit, cost audit, efficiency audit etc.
Furthermore development of business and other organization and the credence lent & financial statement by users coupled with incessant fraud and defalcation have warranted that techniques of audit should be mastered by accountants.
Finally this project is to ascertain the basics use of auditors Opinion in the financial statement of the true and view of the state of the affairs of the organization & detection of fraud and errors by auditors.
TABLE OF CONTENT
Title page i
Approval page ii
Dedication iii
Acknowledgement iv
Abstract v
Table of content vi
CHAPTER ONE
1.0 Introduction 9
1.1 Statement of the Problem 10
1.2 Objective of the Study 11
1.3 Significance of the Study 12
1.4 Scope of the Research 13
1.5 Limitation of the Research 13
CHAPTER TWO
2.0 Definition of Final Account 15
2.1 Composition of Final Account 15
2.2 Definition of An Audit 23
2.3 Audit Objective 24
2.4 Internal Control 26
2.5 Audit Working Paper 29
2.6 Financial Analysis 32
2.7 Detection of Fraud and Errors 33
CHAPTER THREE
3.0 Summary of Finding 36
3.1 Conclusion 37
3.2 Recommendation 39
Bibliography 40
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, 11). Efficient Audit Of Final Accounts And The Formation Of Auditor Opinion A Survey Of Selected Audit Firm Fred Okonta Co.. ProjectStoc.com. Retrieved 11, 2014, from https://projectstoc.com/read/5019/efficient-audit-of-final-accounts-and-the-formation-of-auditor-opinion-a-survey-of-selected-audit-firm-fred-okonta-co-1356
"Efficient Audit Of Final Accounts And The Formation Of Auditor Opinion A Survey Of Selected Audit Firm Fred Okonta Co." ProjectStoc.com. 11 2014. 2014. 11 2014 <https://projectstoc.com/read/5019/efficient-audit-of-final-accounts-and-the-formation-of-auditor-opinion-a-survey-of-selected-audit-firm-fred-okonta-co-1356>.
"Efficient Audit Of Final Accounts And The Formation Of Auditor Opinion A Survey Of Selected Audit Firm Fred Okonta Co.." ProjectStoc.com. ProjectStoc.com, 11 2014. Web. 11 2014. <https://projectstoc.com/read/5019/efficient-audit-of-final-accounts-and-the-formation-of-auditor-opinion-a-survey-of-selected-audit-firm-fred-okonta-co-1356>.
"Efficient Audit Of Final Accounts And The Formation Of Auditor Opinion A Survey Of Selected Audit Firm Fred Okonta Co.." ProjectStoc.com. 11, 2014. Accessed 11, 2014. https://projectstoc.com/read/5019/efficient-audit-of-final-accounts-and-the-formation-of-auditor-opinion-a-survey-of-selected-audit-firm-fred-okonta-co-1356.
- Related Works
- Taxation As A Major Source Of Government Revenue (a Case Study Of Enugu State Board Of Internal Revenue)
- The Challenges Of Post Consolidation In The Nigerian Banking Sector
- Nigeria Personal Income Tax (amendment) Act 2011: Implications For Tax Administration And Enforcement
- Government Internal Audit Accountability In Ministries / Extra-ministerial Department. A Case Study Of The Office Of The Auditor-general Of Enugu State
- An Appraisal Of The Impact Of Divided Policy On An Enterprises Its Shareholders, And Its Creditors
- Management Audit As A Tool Of Achieving Organisational Objectives (a Case Study Of Eastern Nigeria Plastics)
- The Use Of Computer In Recording Accounting Information, Problem And Prospects (a Case Study Of Bendel Feeds And Flour Mill, Ewu, Edo State)
- Financial Strategies For A Globalized Firm
- Strategies For Enhancing Finanacial Accountability In The Local Government System In Nigeria. (a Case Study Of Ikwo Local Government Area, Ebonyi State)
- The Role Of Auditors In Prevention Of Fraud In Banking Industry Or Banks
