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QUESTION 5 1. Suppose your uncle Mohammed is a growing businessman and he is interested to know about auditing. He called you and asked about
QUESTION 5 1. Suppose your uncle Mohammed is a growing businessman and he is interested to know about auditing. He called you and asked about auditing and its application in his business. While you were explaining to him about the audit function and advantages of auditing and types. He got confused in types of audit and their objective and who perform them. He requested you to give him in writing the objectives of financial, compliance, operational and governmental audits also who performs each type of audit. For your curious uncle write a comprehensive note about the objectives of various types of audit and who perform them
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