Auditing Investigations | Advanced Auditing Assignment Help

Advanced Auditing --> Investigations Assignment Help

Investigation implies systematic and critical examination of accounts and records of a business enterprise for a specific purpose. The specific purpose may be evaluation of state of affairs or establishing of a fact. Auditing, on the other hand, is also systematic and critical examination of accounts and records of a business enterprise with a view to express an opinion on the truth and fairness of such accounts. However, both differ from each other to a great extent as the objective with which they are undertaken differ considerably. The objective of auditing is very general in nature and is well documented. Auditing is a periodic routine and normally conducted on annual basis while investigation has no set frequency. With regard to sufficient and appropriate evidence, the auditor generally resorts to test checking and is satisfied with prime facie evidence but in case of investigation, generally in-depth checking is required and evidence has to be substantive or conclusive nature.

We cover following topics in Investigation assignment help:

1. STEPS IN INVESTIGATION
2. STUDY OF FINANCIAL STATEMENTS
2.1. Profit or Loss Account
2.2. Balance Sheet
3. TYPES OF INVESTIGATIONS
3.1. Investigation under Companies Act, 1956
3.2. Investigation on Behalf of Incoming Partner
3.3. Investigation for Valuation of Shares in Private Companies
3.4. Procedure for Investigation
3.5. Investigation for Receipt of Royalty
4. CASE STUDY
5. DUE DILIGENCE

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