Auditing

thumb|right|300px|Some typical stages in the audit process

audit conducted to ensure financial statements are in accordance with specified criteria

profession

process or system used by an organization to manage risk and diminish the occurrence of fraud

accounting of engagements from disputes or litigation which have or are expected to happen

business not under threat of substantially curtailing its operation

operating committee of the board of directors

international organization

organization

document type

methods and processes used by organizations to manage risks and seize opportunities related to the achievement of their objectives

An auditor is a person or a firm appointed by a company to execute an audit. To act as an auditor, a person should be certified by the regulatory authority of accounting and auditing or possess certain specified qualifications. Generally, to act as an external auditor of the company, a person should have a certificate of practice from the regulatory authority. Audit firms are generally required to obtain official authorisation, registration, or recognition from a competent authority. In Germany, this is granted by the Wirtschaftsprüferkammer (WPK) and requires that the firm be managed responsi

Wikimedia disambiguation page

risk that an auditor may issue an unqualified report due to the auditor's failure to detect material misstatement either due to error or fraud

standards which judge audits