How To Audit 1919

Author : UNKNOWN. AUTHOR
Publisher : Forgotten Books
ISBN 13 : 9781330091968
Total Pages : 126 pages
Book Rating : 4.0/5 (919 download)

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Download or read book How to Audit, 1919 written by UNKNOWN. AUTHOR and published by Forgotten Books. This book was released on 2015-06-15 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from How to Audit, 1919: A Manual of Instruction These instructions on how to perform an audit were originally written as a guide for the staff-members of a well-known New York firm of auditors and public accountants. They are based on the form for financial examinations recommended by the Federal Reserve Bank, and on the methods of auditing found desirable by this firm in its many years of experience. The book takes for granted a knowledge of accounting and hence as its name implies, attempts only to give specific instructions to the accountant who has to verify the books of a concern and prepare its statement of condition and statement of operations. The subject falls into four natural sections which the book follows. First is a section covering general rules of conduct for the auditor to follow, both to safeguard his client's interests and to establish the client's confidence in the auditor's ability. The second section is devoted to instructions covering the conduct of an audit in any manufacturing or merchandising concern. Section 3 details specific points to be looked for in auditing the books of a business having unusual conditions peculiar to that business, which the general instructions in Section 2 do not cover. In Section 4 are suggested paragraphs for use in writing the comments of a report. The mere presentation of a financial statement is seldom enough. The auditor who is of most service to his client must make comments upon the statement and the examination, which will not only indicate the scope of the investigation, but will point out changes in accounting or even in the management of the business which the examination shows to be desirable. The paragraphs shown cover the points which most often require comment in a report. They have been carefully edited to make sure that they say accurately and clearly what needs to be said, and that they are free from the jargon which the unskilled writer in any profession is likely to fall into. As they stand, they are in use by the staff auditors of a firm of the highest standing. Full instructions for using them are given. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.