Auditing

Auditing

Definition

An audit is the examination of the financial report of an organisation – as presented in the annual report by someone independent of that organisation. The financial report includes a balance sheet, an income statement, a statement of changes in equity, a cash flow statement, and notes comprising a summary of significant accounting policies and other explanatory notes. < PwC>

http://www.pwc.com/m1/en/services/assurance/what-is-an-audit.html

 

Career description

Auditors do the following tasks:

  • Audit other information provided to the members of the organisation, for example, the directors’ report;
  • Check every figure in the financial report; audits are based on selective testing only;
  • Judge the appropriateness of the organisation’s business activities or strategies or decisions made by the directors;
  • Look at every transaction carried out by the organisation;
  • Test the adequacy of all of the organisation’s internal controls;
  • Comment to shareholders on the quality of directors and management, the quality of corporate governance or the quality of the organisation’s risk management procedures and controls.http://www.pwc.com/m1/en/services/assurance/what-is-an-audit.htmlEconomics, Accounting, Auditing, Statistics, Business Ethics,Internal/External Auditor, Accountant, Forensic Auditor, Consultant,Websiteshttps://www.agsa.co.za/ Deloitte, Ernst & Young, SARS, Lucro, Arthur Young.Bursary Opportunities
  • AGSA Bursaries, Auditor General Bursary, KPMG Auditing Bursary, BDO Spencer Steward Accounting and Auditing Bursary, National Treasury Bursary Scheme,
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  • People/Organisation
  • https://www.bdo.co.za/en-za/home
  • http://www.iiasa.org.za/
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  • Jobs directly related to the degree
  • Modules to expect at University
  • <PwC>