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Auditing

Can u give me an example of a situation in which the following two can't be found by an auditor?

Swathi Krishna

CA Final

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04-Nov-20 10:34

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Answers (4)

Sorry the tope I meant was "limitations of auditing"

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Swathi Krishna

CA Final

★ 8K+

04-Nov-20 10:34

Topic*

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Swathi Krishna

CA Final

★ 8K+

04-Nov-20 10:34

Thread Starter

Swathi Krishna

Topic*

An audit cannot determine viability of an entity . just because books are audited does not mean an audit can confidently say that the entity will continue to grow in future or be profitable etc. becuase that is not the purpose of audit

Sriram Somayajula

Admin

04-Nov-20 13:09

K thax

Thread Starter

Swathi Krishna

CA Final

★ 8K+

06-Nov-20 14:00

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