ACC501 FINAL TERM SOLVED PAPERS

ACC501 FINAL TERM SOLVED PAPERS

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Business Finance:

The confusion arises because most audits deal with accounting information and many auditors have done so considerable expertise in accounting matters. The confusion is compounded by listing the name ‚ÄúChartered Accountant’ to individuals performing the main part of the audit function.

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Acc501 FINAL TERM SOLVED PAPERS
Acc501 FINAL TERM SOLVED PAPERS

ACC501 FINAL TERM PAST PAPERS BY MOAAZ:

This is because reports can: A. Contain errors b. Failure to detect fraud C. Be unintentionally misleading d. Be deliberately misleading E. Failure to disclose relevant information F. Non-ComplianceWho can be an auditor? To be appointed as an auditor: a) public trading company or b) A private company that is a subsidiary of a Public Company. (c) a private company which has paid up capital of three lakhs of rupees or more.

ACC501 FINAL TERM SOLVED PAPERS:

This person must be an authorized accountant within the meaning of the Ordinance on Authorized Accountants, 1961. For listed companies, the auditor must have a satisfactory QCR (Quality Control Review) rating issued by the company.

ACC501 FINAL TERM CURRENT PAPERS