want book
© OnRead.com
 
Login | Sign Up

principles of auditing

by john raymond wildman

Author: john raymond wildman

Books » Auditing


Language: English

Added by: John Hancock ...

Dear readers! This book are not available for download at the moment. We are working on the website! Thank you for being with us!
txtfb2rtfpdfepubpdbmobi

Description:

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER III The Occasions For Auditing—Continued The same kind of information which would be interesting to stockholders would be interesting also to bondholders. Bondholders might have to be satisfied in certain instances by means of an audit. In this same class of outsiders would be included creditors in general, and banks in particular. Creditors who have large accounts may be thought worthy of satisfaction through an audit. Likewise, it may be considered desirable to satisfy banks which have large amounts of commercial paper of any given concern, or banks ... Read more

Do you like the quality of this book?0

Send
ISBN: B008GNW3LW
8 of 10 Votes: 3

Read an excerpt:

...and expressed and reported it is almost safe to say that the other one half of occasions in which auditing is required would be removed. The familiar expression "to err is human" is especially applicable in the case of auditing. All are prone to make mistakes. Auditing then practically means searching for mistakes; reviewing the work of others in an effort to discover errors. It might be more charitable perhaps to say that auditing is reviewing the work of others in an effort to prove its correct- ness. The kind of an auditor which one is to become will depend perhaps very largely on which attitude one assumes, namely, searching for the mistakes of others or trying to prove the cor- rectness and accuracy of the work examined. Auditing is not accounting nor is it accountancy. Accounting is the science which treats of the systematic record, compilation and presentation in a comprehensive manner for purposes of ad- ministration, or the information of other parties at interest, of the...

Genre

Author

Now Reading