Register now or log in to join your professional community.
Yes, i must question my auditor and get a written communication why it was not properly checked during the time of auditing and i will explain the situation to my seniors to get a permanent soultion for the problem which it will not happen again, so i will recommend for a quick check list to be consider while doing auditing.
Yes , I have to ask the auditor , as he is the one responsiple for the issuing balance sheet. Therefore , my steps are:
First, check the mistake with the immediate superviore and get a solution.
Second, request the auditor to do the required reconcialition even if it was in the previous year.
this based on the kind of mistake i recoginize
if the mistake is grave and could be easly recogized accourding to audit rules i will ask for clearfication
if the mistake is simple and couldn't be recogized easly i will not ask
as audit rules depend on taking samples to check for some items and for other depend on total check
Yes
Yes and I can detect improvements to the financial situation
Yes. Although the mistake is related to a previous year, recognising and rectifying it in the current year would reflect the proper financial position.
Yes. Even if it was a mistake done in the previous year, it can still be pointed out so that proper accounting adjustments can be made or if not it is a mistake everyone can learn from.
YES....Dear Sir or Madam:
At this time, I am seeking a challenging position with an organization such as yours. I believe strongly that my professional experience and skill sets are an excellent fit with your company objectives.
.
I look forward to your favorable response and thank you in advance for your time and consideration.
Sincerely,
Anas muhammed
From my point of view yes we can, it is so because audits are conducted to inspect error free statements and financial, therefore to be accuarte in figures we can clarify all the odds with auditors to statement accuracy.
Yes ofcourse, we can ask the question which auditor can not find in previous year and we can change it with notes in notes to accounts
Yes, because auditing is official financial inspection of a company. It is the duty of every auditor to carefully examine the books of accounts and to ensure that financial statements are accurate and free from errors and frauds.
Yes. For bank we follow the Bank circular. If any mistake happen we have the right to question the Auditor.
