The phrase ‘ Audit ‘ is originated from the Latin word ‘audire’ which suggests ‘to listen to’. In the earlier days, every time there may be suspected fraud in a enterprise organization, the owner of the business would appoint an individual to verify the accounts and listen to the reasons given by the individual responsible for holding the account and funds. In those days, the audit is completed to find out whether or not the funds and receipt are correctly accounted or not.
Groupon spokesman Taaffe said the committee has been fully involved in overseeing the corporate’s accounting, from its IPO by means of the earnings revision. The FSA additionally highlighted ambiguity within the definition of the role of sharia scholars – advisors or directors – which could make it more difficult for Islamic firms to achieve regulatory approval.
As regards public initiatives to tackle the lack of awareness relating … Read more