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

how to learn maths as soon as?
it seems you are pursuing graduation in commerce. For basic mathematics go through the mathematics books of 9th and 10th. but make sure to only do chapters that are relevant to you. e.g. if you are from...
Uma
B.com.ke baad kya kru
Ask yourself the following 1) What am i best at doing and why 2) Think about what is special about self and what you want to become in life 3) Take up one Idea and make it your life Goal to achieve it...
Golden
Can I join MCA after completion of graduation in Commerce stream?
yes u can join MCA .but only if u have interest in computer programming..
Shivraj
How wil I find A inverse in metrix?
First step find determinant of A. If det A not =0 then find co factor of A. Then find A transpose of co factors.then formila for A inverse = 1/Det A × A transpose C..
Akash
Is tuition required for a B.Com graduation?
You can take coaching if the lecturer in college is not able to make you understand the concepts However coaching of certain subjects such as accounts is recommended since it will be useful to you post...
Balaji
0 0
8

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
0
Know These Important Things About Investing & Trading In Bitcoins
The talk of the trading town these days is bitcoins. As you might know, I have already written some articles on bitcoin but due to overwhelming request of many Indian investors and trader, here’s...

Tradingcoach

1 0
0
GST Updates.
GST Updates: 1) PAN is mandatory for taking registration under GST. PAN will be validated by CBDT. After successful validation, registration will be granted. 2) If a person has a SEZ unit, then he is...

Fr Prashanth Reddy

Escalation Clause in contract costing.
Meaning: In Fixed Price Contracts, the contract price is fixed and pre-determined. If there is an increase in prices of materials, rates of labour etc. during the period of execution of a contract,...

Fr Prashanth Reddy

DEPENDENT BRANCH
Dependent Branch: A branch which is dependent upon Head Office mainly for “Goods and Cash”. Books of accounts relating to such branch also will be maintained by Head Office. Features of Dependent...

Fr Prashanth Reddy

4 0
0

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 Bangalore
BCom Tuition in Mumbai
BCom Tuition in Hyderabad
BCom Tuition in Chennai
BCom Tuition in Kolkata
BCom Tuition in Pune
BCom Tuition in Gurgaon
BCom Tuition in Noida
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