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Publicly traded companies are required to have audits. Reviews are similar to audits, but are less comprehensive in scope. Private companies often opt for reviews instead of audits because they are less costly. Private companies may also request an accounting review in order to meet the requirements of a lender or private investor.
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Difference between social accounting and social audit?
Difference between social accounting and social audit?
What is the difference between statutory and non statutory audits?
what is the difference between statutory audit and non statutory audit.
Difference between audit plan and audit program?
an audit program may contain several audit plans
Difference between internal audit and internal control systems?
Distinguish between internal audit and internal control.
What are the differences between accounting and auditing?
AnswerThe word audit has two meanings. The first is the security audit, whereby a consulting firm comes in and validates a companies security profile. This is similar to how accounting firms review a company's books. The second term is infosec specific, and means an "auditing" subsystem that monitors actions within the system. For example, it may keep a record of everyone who logs onto a system. Such a record is known as an audit trail.
Difference between social accounting and social audit?
Difference between social accounting and social audit?
Difference between a SCM audit and a formal technical review?
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Differences between audit plan and audit program?
difference between audit program audit & note book
What is the difference between statutory and non statutory audits?
what is the difference between statutory audit and non statutory audit.
What is difference between informal audit and formal audit?
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Difference between audit plan and audit program?
an audit program may contain several audit plans
Difference between internal audit and internal control systems?
Distinguish between internal audit and internal control.
What is the main difference between public sector audit and private sector audit?
public sector audit is different from private sector audit
What are the differences between accounting and auditing?
AnswerThe word audit has two meanings. The first is the security audit, whereby a consulting firm comes in and validates a companies security profile. This is similar to how accounting firms review a company's books. The second term is infosec specific, and means an "auditing" subsystem that monitors actions within the system. For example, it may keep a record of everyone who logs onto a system. Such a record is known as an audit trail.
What is the difference between cost audit and management audit?
Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory
What is the difference between Audit and Monitoring and Evaluation?
what is difference between auditing, monitoring, controlling and evaluation
What is the difference between a safety audit and a safety insepction?
In may cases there is no difference between a Safety Audit and a Safety Inspection. Where there is one, it is because a particular company has specified that.
