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Auditing Accounting Case Study Assignment
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What Is Auditing Accounting?

• Auditing is an essential process that every
  business enterprise must follow, especially in
  the banking sector.

• Auditing helps to avoid the risk of inadequate
  and fraud accounting.

• It also helps forecast the financial benefits of
  a running business process, including profit
  analysis and risk management.

• Auditing provides facilities by providing even
  the profit margins and the process of accruing
  the profits margin.

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Key Features Used In The Auditing Accounting Case
Study

• Mandating the communication of key audit measures
  (KAM) in the auditors report.

• Determining the management judgment and effects
  of significant events of key audit measures (KAM)

• The auditors of a particular company describe
  individual key audit measures (KAM).

• The auditor provides information on audit
  documentation requirements related to key Audit
  measures.

• Decisions are taken on whether to implement Key
  Audit Measures (KAM) in the audit report.

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Steps You Should Keep In Mind While Writing An
Auditing Accounting Case Study Assignment

• Determine your case study type and its style of
  referencing

• Gather information about your Audit subjects

• Determine your audit criteria

• Identify inherent risk

• Refine audit objectives and sub-objectives

• Analyze control risk

• Choose methodologies

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• Budget each methodology

• Formalize the audit program

• Perform and document audit methodologies

• Conclude

• Draft findings

• Finalize reports.

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The Various Specific Areas Of Which There Are
Needs To Focus Upon By The Auditing Student Or
Firm

• Expenses in relation to insurance

• Current ratio

• Quick ratio

• Promotional expense

• Fixed asset

• The balance of the inventory

• Position in regard to liquidity and solvency

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The Method Used In Writing The Auditing
Accounting Case Study Assignment

• You have to read the case and formulate your own
  opinions thoroughly

• You must be able to identify the problems on your
  own.

• You must be able to offer solutions and
  alternatives to identified problems.

• You have to form an outline and courses of action
  on your own.

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The Standard Format Of Writing An Auditing
Accounting Case Study Assignment

• Title page

• Executive summary

• Introduction

• Background Information

• Problems

• The Proposed Solutions

• Recommendation

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