auditor's report
auditor's confirmation of firm's financial records a certification by an auditor that a firm's financial records give a true and fair view of its profit and loss for the period
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auditor's confirmation of firm's financial records a certification by an auditor that a firm's financial records give a true and fair view of its profit and loss for the period
The range and type of the internal auditor’s work depend on a number of factors:
By Andrew Cox
Undoubtedly, however, the UK Turnbull Report (henceforth “Turnbull”) on corporate governance was an important catalyst in the process of involving internal auditors with risk management. The Turnbull emphasis on the adoption by corporations of risk-based approaches to the establishment of internal control systems, and on the subsequent monitoring of these systems’ effectiveness, created a role for high-level monitoring agencies within organizations
By Ian Fraser
In preparing the annual report, accounting and reporting issues are effectively jointly decided by management and the auditor, even though, strictly speaking, the preparation of the accounts is the responsibility of the managers. It is therefore quite sensible to ask if auditor independence, both in mind
By Gilad Livne
Internal auditors work in many organizations in the public and private sectors. They can either be trained while working or will possess an internal audit or accountancy qualification before applying for an internal audit position. However, other qualifications can also be useful as the work
Definitions of ’auditor's report’ and meaning of ’auditor's report’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’auditor's report’ and other financial terms with our online QFINANCE Financial Dictionary.