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Showing posts from February, 2015

HINTS TO A SUCCESSFUL CAREER AS AN AUDITOR; A PRATICAL APPROACH

Discussing the pathway to a successful career as an auditor will be inconclusive without explaining what an audit is and the duty of an auditor. An audit is an independent review of the financial statement of an entity to ascertain its accuracy, to ensure efficiency and effectiveness while an auditor carries out the function of an audit by giving a true and a fair view on findings. Audit involves frequent checks and review of all financial operation of an organization. However, audit goes beyond examining just the financial transaction of an organization. An in-depth audit incorporates examining business decisions, human resource management, staff welfare and motivation, operational policies, etc., which are managed by proper internal controls that should be reviewed from time to time. In view of the fact that an auditor must form an independent opinion on his findings, it is necessary that the following must be taken into consideration in the discharge of his duties to be a s...