Auditing BBA VI Sem BBA N 605 Unit 1st Notes
BBA- VI Semester BBA N 605 Auditing Unit I Introduction: Meaning and objectives of Auditing, Types of Audit, Internal Audit, Audit Programme, Audit Notebook, Routine Checking and Test Checking. Introduction: Meaning and objectives of Auditing Meaning The term audit has been derived from the Latin word “Audire” which means “to hear” Definition- According to Auditing Standards and Guidelines UK “An audit is the independent examination of,and expression of opining on the financial statements of an enterprise by an appointed auditor in pursuance of that appointment and in compliance with any relevant statutory obligations” According to Institute of chartered Accountants of India (ICAI) “An audit is the independent examination of financial