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Accounting Institute Seminars, Inc.
المجال: Accounting
Number of terms: 7464
Number of blossaries: 0
Company Profile:
In audit sampling a ratio of the proportion of errors in the sample applied to the population value to estimate total error.
Industry:Accounting
The relation between two quantities expressed as the quotient of one divided by the other. The ratio of 8 to 2 is written 8/2 and equals four. Financial statement ratios are used in analytical procedures in audits.
Industry:Accounting
An internal control, no matter how well designed and operated, cannot guarantee that an entity’s objectives will be met because of inherent limitations in all internal control systems.
Industry:Accounting
When an auditor is asked to audit and report on financial statements that have been previously audited and reported on.
Industry:Accounting
Perform procedures again and compare to original results.
Industry:Accounting
A document completed in the receiving department, which identifies the purchase order that initiated the purchase, and the date, quantity, and condition of goods received.
Industry:Accounting
Perform procedures again and compare to original results.
Industry:Accounting
A schedule establishing agreement between separate sources of information, such as accounting records reconciled with the financial statements.
Industry:Accounting
A statement submitted to officially provide the SEC with information about an offering of securities. A registration statement includes audited financial statements (balance sheet, income statement, and statement of cash flows) for the previous three years.
Industry:Accounting
A statistical method for finding the relationship between two or more variables. Also called least squares or linear regression.
Industry:Accounting