Page 4 - Demo

جميع الحقوق محفوظة ـ اإلعتداء عىل حق املؤلف 4 بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونيةdeciding the number and types of items to test, and evaluating the results are unique to the auditor. 2. Purpose of auditing: The auditor is trying to ascertain that the accounting gives a true and fair view Note:- True: information is factual and conforms to reality (not false/ free from material misstatement) - Fair: information is free from discrimination and bias, and complies with accounting standards and rules - To do an audit, there must be information in a verifiable form and some standards (criteria) by which the auditor can evaluate the information. The criteria for evaluating information also vary depending on the information being audited. - The auditor must be qualified to understand the criteria used and must be competent to know the types and amount of evidence to accumulate to reach the proper conclusion after examining the evidence.- Auditors strive to maintain a high level of independence to keep the confidence of users relying on their reports. Auditors reporting on company financial statements are often called independent auditors. - The final stage in the auditing process is preparing the audit report, which communicates the auditor’s findings to users. Second: external audit service of financial statements:  The concept of external audit services: The External audit service of financial statements is a kind of an attestation service, by an independent and competent person (external auditor), so we can definition it as follo