General Contents of Audit Report

What is An Audit Report? An Audit Report can be defined as an opinion about the financial statements of the company. Issued by the auditors, the main purpose is to convey the overall opinion about the integrity, and completeness of the financial statements, of the...

What is a Special Audit? Scope and Why is it require?

Definition A Special Audit can be defined as a tightly defined type of audit that is conducted in order to probe into a specific area of the organization’s activities. As a matter of fact, it can be seen that this type of audit is mainly initiated by a third party,...

What is a horizontal audit?

The horizontal audit is the performance of audit procedures or activities, processes, and evaluations to exactly the same to examine across the different functions or departments. The purpose of performing a horizontal audit is to examine and observe whether there is...