Audit: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
(Remove surplus link.) |
(Add link.) |
||
| Line 36: | Line 36: | ||
* [[Qualified audit report]] | * [[Qualified audit report]] | ||
* [[Reconciliation]] | * [[Reconciliation]] | ||
* [[Supervision Committee of the FRC]] | |||
* [[Third line of defence]] | * [[Third line of defence]] | ||
* [[True and fair view]] | * [[True and fair view]] | ||
Latest revision as of 21:24, 4 June 2024
1. Financial reporting.
The financial auditor’s primary role is to form and report an independent opinion on the truth and fairness of primary financial statements.
2. Independent review.
In a broader sense, auditing refers more generally to the process of independent reviewing and reporting on financial and non-financial information.
See also
- Assurance
- Attestation
- Audit and Assurance Council
- Audit committee
- Audit opinion
- Audit, Reporting and Governance Authority
- Auditing standards
- Auditor
- Auditors’ report
- Audit trail
- Developments in corporate and market regulation: implications for the treasurer
- Due diligence
- Engagement letter
- Expectation gap
- Financial reporting
- Financial statements
- Governance
- Internal audit
- ISA
- Letters of representation
- Misstatement
- National Audit Office
- Professional skepticism
- Public Interest Entity
- Qualified audit report
- Reconciliation
- Supervision Committee of the FRC
- Third line of defence
- True and fair view
- Unqualified audit report
- Value for money
