top of page
Search

Accounting is crucial

  • Writer: Thomas Tsang
    Thomas Tsang
  • May 1, 2021
  • 1 min read

Company’s directors always misunderstood that audit is more important than proper accounting. Auditor will fix everything for the Company during audit.


A good and proper accounting to help company in efficient and effective management. Audit cannot help the company in management. An audit is to reflect the accounting is proper. It is not the audit to make the accounting proper.

 
 
 

Recent Posts

See All
Audit thinking logic

What are we going to audit - revenue, trade receivables, unquoted equity investments, trade payables, etc What audit procedures (nature, timing) to be performed to ascertain each of the assertions Wha

 
 
 
Audit schedule provided by client in audit

Before we place reliance on audit schedule provided by client in an audit engagement, we are required to ensure the completeness and accuracy of the audit schedule. In order to address the issue, we n

 
 
 
Enterprise value

In business valuation, enterprise value is the value of the business. It includes any intangible assets not booked such as goodwill,...

 
 
 

Comments

bottom of page