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Frequently Asked Questions

  • What are the 5 C's in auditing?

    The 5 C’s in auditing are: Competence, Confidentiality, Consistency, Communication, and Compliance. These principles help auditors conduct comprehensive and ethical audits, ensuring credibility, transparency, and alignment with expert standards throughout the audit process

  • What is the most critical stage of an audit?

    The most important stage of an audit is the planning step. It involves learning about the client’s business, evaluating risks, defining audit procedures, and setting clear goals. Popper planning guarantees that the audit is efficient, effective and thorough in specifying major concerns.

  • What is the conclusion of an audit assignment?

    The conclusion of an audit assignment is the auditor’s statement or report, summarising findings, managing disparities and offering recommendations. It recaps with an entire assessment of the financial statements’ precision and alignment to useful standards and regulations.

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