What is the importance of auditing in BCom?

Asked by Last Modified  

1 Answer

Follow 1
Answer

Please enter your answer

Shilpa K

Experienced and trained for teaching.

Importance of Auditing It is to ensure that financial information is represented fairly and accurately. Also, audits are performed to ensure that financial statements are prepared in accordance with the relevant accounting standards.
Comments
Dislike Bookmark

Related Questions

 What is working capital?
it is the capital required to carry day to day functioning of business . it can be further calculating by using the formula as WC=CA-CL
Anil Sundar
List out all the necessary documents for obtaining trademarks, copy rights.
Trademarks and copyrights are two distinct apsects. The detailed procedure to file these is availble on the website ipindia.nic.in
Aman
0 0
View Comments7
I have studied my degree bcom in st marys degree college. but i discontinued in 3rd year in 2014. not in 2016 is it possible for me to get re-admission in 3rd year and write regulars exam in march/april.
Yes you can get re admission in third year and continue under regular stream. Let me know whether you come under Osmania University or not.
Jasper
0 0
View Comments8
I have been teaching “SIMPLE SECRETS BEHIND DIFFICULT ACCOUNTING-CONCEPTS”. These secrets are a result of umpteen mistakes I have committed in the course of preparing more than 700 real-life balance-sheets and over 150 real-life project-reports, all manually. In my method, entire syllabus can be covered in about one-tenth of the time taken by traditional method. And, these secrets become a life-long asset for the learner. Also, studying advanced chapters becomes very much easier. I am from Bangalore. Anybody interested?
Yes ,I my self is interested to learn these secrets,I am also a commerce teacher. I am also a commerce teacher having so many years of experience
A. hari Prakash
0 0
View Comments7
Hello, myself Abdul matiwala i have cleared my BPP (bachelor in preparatory programme) which is equivalent to 12th from MGU. now am planning to complete my graduation from KSOU (karnataka state open university) or MBU (manav bharti university) please can you tell me are this university UGC approved or are they fake. what is their certification value in market. i want to pursue MBA after completing my graduation.please do let me know in need for education guidance. hope to hear from you soon.
KSOU is an approved University by UGC and it's not fake University. Please refer: http://www.ksoukarnataka.com/recognition.html Manav Bharti University is also notified by University Grants Commission...
Abdul

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Goods & Service Tax And Its Working
Goods and Service Tax (GST) as the name suggest is a one single tax on the supply of goods and services, right from the Manufacturing to the ultimate delivery to customer. Credits of input tax paid at...

Fr Prashanth Reddy

4 0
View Comments0
Entrepreneurship Development
1. Meaning and Definition of Entrepreneur: The word entrepreneur has come from the France word “entreprendra”which means to undertake, to pursue opportunities to fulfill needs and wants...

Kousiki Chakraborty

1 0
View Comments0
On GST road, There’s No Checking India
The ‘One Nation One Tax’ slogan isn’t just about uniform rate, it is also about removing check posts at borders, which often clog traffic for hours, delaying shipment of goods. While...

Fr Prashanth Reddy

A short concept of Fiscal Deficit in Economics :--
A fiscal deficit occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings. Deficit differs from debt, which is an accumulation of yearly deficits. A...

Kousiki Chakraborty

1 0
View Comments0
Set-off And Carry Forward Of Business Losses
Set-off & Carry Forward Of Business Losses: Set-Off means adjustment of certain losses against the income under other sources in the same assessment year. Carrying Forward of unadjusted losses...
R

Ramasamy Ulaganathan

0 0
View Comments0

Recommended Articles

6 Exam Hall Tips To Follow, For Every Good Student

Appearing for exams could be stressful for students. Even though they might have prepared well, they could suffer from anxiety, tension etc. These are not good for their health and mind. However, following a few exam preparation tips can save them from all these and help them to score good marks. Let’s find out all...

Read full article >

Science, Arts Or Commerce - Which One To Go For?

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

5 Engaging Activities For Children To Get...

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Top Benefits of e-Learning

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

Find BCom Tuition near you
BCom Tuition in Delhi
BCom Tuition in Mumbai
BCom Tuition in Bangalore
BCom Tuition in Hyderabad
BCom Tuition in Chennai
BCom Tuition in Kolkata
BCom Tuition in Pune
BCom Tuition in Gurgaon
BCom Tuition in Jaipur
BCom Tuition in Ghaziabad

Looking for BCom Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you