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00 p.m of Indian Standard time on 06. 03. 2017 to the address below. Address for communication and submission of EoI Paribesh Bhawan 10A Block LA Sec III Bidhan Nagar Kolkata 98. The total cost of the project is US 75. 39 million with respective share of MOEF APPCB and WBPCB being US 5. No. Age Years of post Qualific Years of experience Name of clients Number of years associated with the ation/s as signing partner handled firm post qualification experience Detailed CVs can be provided...
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01
First, gather all relevant financial documents and records, such as balance sheets, income statements, and general ledgers.
02
Review the external audit checklist provided by the auditor or regulatory body to ensure you have all necessary information.
03
Conduct a thorough analysis of your financial statements, identifying any potential errors or discrepancies.
04
Prepare documentation and explanations for any irregularities found during the analysis.
05
Collaborate with the auditor to schedule a time for the external audit to take place.
06
During the audit, provide the auditor with access to all required financial information and records.
07
Be prepared to answer any questions or provide additional documentation as requested by the auditor.
08
Work closely with the auditor to address any findings or recommendations that may arise during the audit process.
09
Once the audit is completed, review the audit report provided by the auditor, addressing any issues raised.
10
Implement necessary changes or improvements based on the audit recommendations and findings.
11
Ensure proper documentation of the audit process and outcomes for future reference.

Who needs for external audit of?

01
Companies listed on a stock exchange may require external audits to comply with regulatory requirements.
02
Publicly funded organizations or non-profit entities often need external audits to ensure transparency and accountability.
03
Financial institutions, such as banks or insurance companies, may be required by law to undergo external audits.
04
Government agencies and departments may need external audits to evaluate their financial performance and integrity.
05
Large corporations or multinational companies may conduct external audits to assess the accuracy of their financial statements.
06
Investors or potential investors may request external audits to gain assurance about the financial health of a company.
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Startup companies seeking funding or partnerships may benefit from external audits to enhance their credibility.
08
Any organization or individual looking to establish trust and maintain high standards of financial reporting may opt for external audits.
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External audit is for providing an independent assessment of an organization's financial statements and internal controls.
Publicly traded companies, financial institutions, and other entities that are subject to regulatory requirements are required to file for external audit.
External audit is usually conducted by a certified public accounting firm. The auditor will inspect financial records, interview key personnel, and perform various tests to ensure accuracy.
The purpose of external audit is to provide assurance to stakeholders that an organization's financial statements are accurate and reliable.
The external audit report typically includes the auditor's opinion on the fairness of the financial statements, any significant findings or issues, and recommendations for improvement.
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