Well, if you thought that a newborn baby cannot hear, thing again!! The sense of hearing in an infant develops much before the birth of the baby. When in the womb, the baby hears his mother's heartbeats, the grumbling of her stomach and the sudden loud noises like a car blaring or a drum banging.
Some typical stages in the audit process. An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern.
As defined in ISO 19011 : 2011âGuidelines for auditing management systems , an audit is a â systematic , independent and documented process for obtaining audit evidence [ records , statements of fact or other information which are relevant and verifiable ] and evaluating it objectively to determine the extent to which the audit criteria [ set of ...