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✳️ Why Learn Audit Techniques? When an auditor checks accounts, they don’t just look at numbers randomly.They follow systematic methods to collect audit evidence.These methods are called Audit Techniques or Audit Procedures. Knowing these helps you in: 🧰 7 Most Used Audit Techniques Auditors use 7 standard techniques.You can remember them with this fun memory […]

✅ What are Audit Working Papers? 🟡 Audit Working Papers are the notes, files, and documents prepared by the auditor while doing the audit.👉 They show the proof of what the auditor has checked and what the findings were. Think of them like a student’s rough notebook — it shows all your work before you

✅ What is Internal Control System? (In Simple Words) 👉 An Internal Control System is a set of rules and steps made by a business to: Think of it like the safety system of a business — just like a school has rules to stay safe, a business also needs checks to stay secure. 🖼️

✨ Introduction Many students get confused between Audit Planning and Audit Programme. Both sound similar but they’re not the same. 👉 One is about thinking ahead.👉 The other is about doing the actual steps. Let’s break this down in a handwritten, easy way. 📌 What is Audit Planning? Audit Planning means thinking and preparing before

📘 Introduction – What Are Principles of Auditing? Before an auditor starts checking the books of a company,they must follow some basic rules – like how a cricketer follows the rules of the game. These rules are called “Principles of Auditing.”They help the auditor stay honest, fair, and professional. Let’s learn each principle step-by-step with

📘 Introduction – What Are Errors in Accounting? In every business, accounts are made by people. And people can make mistakes.These mistakes in books of accounts are called accounting errors. Some are made without any intention, and some may be due to carelessness. 👉 An auditor’s job is to find these errors and correct them

📘 What is the Meaning of “True and Fair View” in Auditing? Let’s say your friend tells you: “I scored 80 marks in the exam.” Now you check their paper and see that: This means what your friend said is TRUE and FAIR. Now think of this same idea in auditing. When an auditor checks

📘 Introduction – What is the Purpose of Auditing? Let’s first ask a basic question:👉 Why do companies get their accounts audited? Because they want to be sure that all their records – like profit, expenses, assets – are correct and honest. This checking work is done by an auditor. Now, when an auditor checks

📘 Introduction – Why Auditors Need Special Qualities We all know that an auditor checks the financial records of a business. But that’s not enough. Just like a good teacher is not only someone who knows the subject, but is also honest, fair, and disciplined, an auditor also needs certain qualities or habits to do

📘 Introduction: What Is Auditing and Why Is It Important? Every business earns and spends money. But how can we be sure that the financial records of a business are correct, honest, and legal? That’s where auditing comes in. Auditing means checking and verifying the accounts and financial statements of a business. It is usually