What types of accounting audits?
Accounting audits branch out and their names change to suit the field, but in general there are 5 types you should be familiar with, the most popular among audit companies in the UAE.
1. Financial audit:
Financial audit is the type responsible for checking all items for financial lists, as well as accounting regulations and many other records, and working to verify that all financial files actually represent reality or not.
Auditing is also an audit that is responsible for all unit accounts of all different types, and this type of audit works on intermediate audits.
2. Mandatory audit:
Mandatory auditing is the second type of accounting audit is the follow-up of the instructions and legislative laws previously developed by the General Administration of the Labor Unit, and the extent to which the employer adheres to these instructions, such as the Central Bank for banks, as well as the monitoring body for insurance companies.
The Market Control Authority is also for joint stock companies, where the most important laws that must be fully adhered to are investigated by those bodies.
3. Operational audit:
Operational audit is specific to operational procedures for all aspects of workers, whether from files, documents and many other policies, and this type of audit takes a lot of time for all programs for workers to be prepared.
4. Administrative audit:
Administrative audit is the fourth type of accounting audit of the most important types of accounting audit, as this type is responsible for verifying the efficiency of the functions that exist within the organization in general.
5. Environmental audit:
Environmental auditing is related to all information systems and communication networks, and it is concerned with all aspects of the computer, but this type of audit requires that the auditor be specialized in his field.
This post is translated from: انواع التدقيق المحاسبي
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