Tag Archives: Value of audit

Does an Audit contribute to Better Governance

Audits are part of the governance process in companies. However, no governance system, however well designed, will fully prevent greedy, dishonest people from putting their personal interests ahead of the interests of the companies they manage. Frauds can be covered … Continue reading

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Value of AUDIT

Every Director who takes up the position should be made to understand the following. After every collapse of a large company, the debate on audit quality springs up. Some ask, If audits were really worth anything? After all, the big … Continue reading

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Value of Audit

http://www.businesstoday.lk/article.php?article=3461&issue=239 Finally, audit is used by all businesses to instill and maintain confidence and trust among their many stakeholders. However, the value of the skills of auditors is not promoted and defended against perceptions that the audit represents unnecessary ‘red … Continue reading

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