- published: 01 Oct 2014
- views: 83642
Auditing refers to a systematic and independent examination of books, accounts, documents and vouchers of an organization to ascertain how far the financial statements present a true and fair view of the concern. It also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditing has become such a ubiquitous phenomenon in the corporate and the public sector that academics started identifying an "Audit Society". The auditor perceives and recognizes the propositions before him/her for examination, obtains evidence, evaluates the same and formulates an opinion on the basis of his judgement which is communicated through his audit report.
Any subject matter may be audited. Audits provide third party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other areas which are commonly audited include: internal controls, quality management, project management, water management, and energy conservation.
Face is blank, emotion free
walk the highlands, walk the creed
so super ultra clean
there's no need to kill a dream
keep your fingers in the cream
so super ultra clean
chorus
and i see the wonders
(theese chemicals can do)
this will all preserve the peace
it'll put your mind at ease
so super ultra clean
face down in the mud you'll see
there's a way for you and me
to be super ultra clean
live your life in fear of dirty laundry
live your life in land of ultra clean
in my dreams my shirts come back to haunt me