08168958821
THE IMPORTANCE AUDIT REPORT AND ITS IMPACT ON BUSINESS FIRMS
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 50 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 4,965 times
Delivery: Within 24 hoursABSTRACT
This research is prompted by one main problem, which is often alleged that audit reports are frequently paramount and this is because firms hoping to be in business needs audit reports and this has impact on the activities of business firm. The objective and concept that guide the present day audit were almost unknown in the early days of the 20th century because the accounting profession responds to the descent of the new business environment. The objective of independent auditing became during the industrial revolution as business concern grew in size, their owners began to use the services of hired managers with the separation on the ownership and management groups the absentee owner turned increasingly to auditors to protect themselves against the danger of fraud by both managers and employees. Financial accounts of a business was done over a period of time and this is revealed through financial statement based on the records maintained by the employees of the business. Due to the situation above, the company act 1968 deemed it necessary for shareholders to appoint independent professional accountant to examined these financial statement and testify to its fairness and truthfulness. Audit reports which is the end product of an external auditors independent examination on the financial records of a business firm is the subject matter of this study.
Tags: Importance of audit report Impact on credit firms Credit firms in Nigeria Audit report Business firms in Nigeria Impact of business firms
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
INVESTIGATING FORENSIC AUDIT AS A PANACEA FOR PREVENTING CORPORATE FRAUD IN CAMEROON'S PUBLIC SECTOR
CHAPTER ONE INTRODUCTION 1.1 Background of the study The proliferation of financial crimes in these developing economies is concerning and catastrophi...More »
Item Type: Project Material | 54 pages | 392 engagements |
- 2.
INTERNAL AUDIT: EXAMINING ITS ROLE IN ENSURING ETHICAL CONDUCT IN CHENWI-ASSOCIATES, CAMEROON
INTERNAL AUDIT: EXAMINING ITS ROLE IN ENSURING ETHICAL CONDUCT IN CHENWI ASSOCIATES, CAMEROON CHAPTER ONE INTRODUCTION Background of the Study Auditin...More »
Item Type: Project Material | 54 pages | 332 engagements |
- 3.
EXTERNAL AUDIT AND QUALITY OF ACCOUNTING AND FINANCIAL INFORMATION IN THE CAMEROONIAN PUBLIC SECTOR
CHAPTER ONE INTRODUCTION 1.1 Background of the study The main purpose of external audit as a governance mechanism is to enhance the accuracy and trust...More »
Item Type: Project Material | 54 pages | 357 engagements |
- 4.
EXAMINING THE ROLE OF FORENSIC AUDIT IN DETECTING FINANCIAL FRAUDS IN THE CAMEROONIAN PUBLIC SECTOR:...
CHAPTER ONE INTRODUCTION 1.1 Background of the study Forensic auditing and forensic accounting are often used interchangeably. It has been officially ...More »
Item Type: Project Material | 54 pages | 347 engagements |
- 5.
EXAMINING THE IMPACT OF THE AUDIT REPORT ON INVESTMENT IN FINANCIAL INSTITUTIONS IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study According to the Companies Act, all registered companies must present audited accounts to their s...More »
Item Type: Project Material | 54 pages | 348 engagements |
- 6.
EXAMINATION OF CHALLENGES ENCOUNTERED BY INTERNAL AUDITORS IN PUBLIC SECTOR AUDIT OF CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study The demand for internal auditing mostly arises from the necessity for an independent verification...More »
Item Type: Project Material | 54 pages | 380 engagements |