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A selection of 2-3 day intensive financial & business seminar courses, covering 12 topics, with locations offered Worldwide.  From introductory courses, to senior management level.  Also available as in-house training.

 

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A specialist Accountancy and Finance job board, offering the latest vacancies throughout the UK, spanning 20 industry categories.

 

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Links to 8 seperate financial news channels and information providers, offering a covered view of laterst industry changes and global events,

 

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Authors and Publishers of affordable ACCA Study Materials provided to students globally in electronic format for a more cost-effective method of learning.

 

ACCA Forum - Business & Finance
An active forum for discussion with like-minded peers in the industry, to network ideas, questions and problems.

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Role of Audit
 
 
 
The general definition of an audit is an evaluation of a person, organization, system, process, enterprise, project or product. The term most commonly refers to audits in accounting, but similar concepts also exist in project management, quality management, and even energy conservation.
 
 
 Audit in Accounting
 
Audits are performed to ascertain the validity and reliability of information; also to provide an assessment of a system's internal control.  The goal of an audit is to express an opinion on the person / organization / system (etc) in question, under evaluation based on work done on a test basis.
 
Audit is a vital part of accounting - that is an undeniable fact. We interviewed one ACCA student, studying at professional level, who was kind enough to share his experience;  “Wherever we went (to audit clients) we have been received with respect.  Our clients believe that we are able to do something that they don’t.  Families and friends seek our opinion in non-accounting matters.  So with the respect that this profession has, I believe that firms and auditors should be more sensible and responsible”.
 
As an auditor, we sell our trustworthiness to clients.  Damaging that expensive commodity might affect the business.  Some auditors believe that the scope of audit could even be extended from simply giving an opinion on financial statements alone to engaging on issues such as risk management etc.
 
What are your views on Audit? Why not talk about it on the TonySurridge.co.uk forum?
 
Want a job in auditing? Have a look at the TonySurridge.co.uk Jobsearch.
 
14-6-2010 by Ali Ahmad for TonySurridge.co.uk